We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Paying for the privilege

10 November 2014 By Swaha Pattanaik

Bonds with longer maturities usually compensate investors for a host of uncertainties, including unexpected inflation. But this term premium has shrunk, even turning negative for U.S. and German debt. This has as much to do with loose global monetary policy as with “lowflation.” 

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)