28.08.2012 - Roger J Kerr says SWFs will be less aggressive buyers of NZ Government bonds over coming months
The local interest rate market will be focusing on international events this week, particularly the annual central banker’s bash at Jackson Hole, Wyoming where Fed boss Ben Bernanke will be delivering a major speech on “monetary policy since the GFC”. My view is that Asian central banks and sovereign wealth funds will be somewhat less keen to be aggressive buyers of NZ Government bonds over coming months compared to the lumpy investment inflows from them witnessed earlier this year...............................................Full Article: Source
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