Start the Engines, Angela  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8788 (Jun. 2012), page 13-14.
Topik: International Finance; Bond Markets; Financial Services; Market Strategy; Business Conditions

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.72 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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To the lifeboats! That is the stark message bond markets are sending about the global economy. Investors are rushing to buy sovereign bonds in America, Germany and a dwindling number of other safe economies. When people are prepared to pay the German government for the privilege of holding its two-year paper, and are willing to lend America's government funds for a decade for a nominal yield of less than 1.5%, they either expect years of stagnation and deflation or are terrified of imminent disaster. Whichever it is, something is very wrong with the world economy.

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