Monday 6 April 2015

More signals for lower interest rates

Blog Post 4 | 23rd March 2015

More signals for lower interest rates

The market for 3 year CGS did stabilise in mid-February to mid-March, with yields rising back to a normal level above 2 year CGS yields. However, this was short lived as demand for 3 year CGS has driven the yield again below 2 year CGS yields in recent days. See table 4.1 below:

Table 4.1

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