Mr Brown Buttered both sides
Registered: Jan 2003 Posts: 1954 - Threads: 39 Location: In the toaster
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Quote:
| Hanky wrote on 28-02-2007 05:37 PM
chinese government bonds will be reducing in value, yet their yield curve will remain the same, hence the positive investment - more for less.
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Only true if their currency remains stable. Which it won't. And if their domestic inflation rate remains stable. Which is unlikely.
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