The ghost of inflation is less scary: this is why BTp rates are falling

The ghost of inflation is less scary: this is why BTp rates are falling
The ghost of inflation is less scary: this is why BTp rates are falling

The ghost of inflation seems to be less and less scary. Central banks seem to have been able to calm the markets, which have gone into fibrillation in recent weeks precisely because of the fear that an excessive jump in the cost of living could cause the premature end of ultra-expansionary monetary policies. Now the climate is very different on the markets: not only are inflation expectations falling, but with them the yields of European government bonds are rapidly shrinking …

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ghost inflation scary BTp rates falling

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