"Tapering" From Currency-Wars To Interest-Rate-Wars

“The opposite of currency wars is not necessarily currency peace; it can easily be interest rate wars,” is the warning Citi’s Steve Englander sends in a note toda, as EM and DM bond yields have relatively exploded in recent weeks. The backing up of yields represents an increase in risk premium, so…

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"Tapering" From Currency-Wars To Interest-Rate-Wars

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