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Focus - Brace for Higher Real Yields

We have just published a new Focus piece on the likelihood and implications of rising real yields. Real yields are currently negative in most major markets and look set to rise up to zero and probably into positive territory in coming years. What are the implications for investors? To read more please subscribe.

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FX market participants continue to trade off of interest rate differentials - and expectations of changes in the differentials. Fed rate hike expectations have disappeared lately and the USD has lost

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