Central banks' heavy hand to keep sovereign bond yields low - Reuters poll
Share:
BENGALURU (Reuters) - Major sovereign bond yields, which have been low for years, are expected to be close to current levels for the next 12 months, as the global economy struggles to recover from the impact of COVID-19, a Reuters poll found.With expectations for weak economic growth intensifying, major central banks are likely to expand their bloated balance sheets, increasing their sway over bond markets.Anticipation of a strong recovery from world-wide lockdowns to contain the novel..