Global banks shun UK Gilts on ‘stagflation’ risk
Posted by seumasach on February 24, 2013
Posted by seumasach on February 24, 2013
Ambrose Evans-Pritchard
“Systematically forecasting a disinflation that never materialises has exposed the bank to ridicule,” said Nomura, Japan’s biggest lender and a conduit for Asian investors.
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