Borrowing costs to be managed
Gov’ts around the world are now massively ramping up their levels of borrowing to manage the COVID-19 crisis. This borrowing is going to extend beyond the short ends of the yield curves, so central banks are not going to want to see borrowing costs for 10 years and beyond start moving
Gov’ts around the world are now massively ramping up their levels of borrowing to manage the COVID-19 crisis. This borrowing is going to extend beyond the short ends of the yield curves, so central banks are not going to want to see borrowing costs for 10 years and beyond start moving