Yields on many government bonds have fallen so far they are now below zero, and this perplexing phenomenon appears to be a growing trend. Why is it happening – and what does it mean?
Disappointing GDP data shows the UK economy contracted in the second quarter and raises the risk of the country entering a technical recession.
For years commentators have wrongly predicted a return to higher rates of interest. Now, as central banks switch back into a rate-cutting mode, there is a wider expectation that rates will remain low for the long-term
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