Everyone’s a Winner in Brexit Aftermath as Doves Rescue Market - Bloomberg
“If you flood the markets with liquidity, and you have the anticipation that the central banks are going to be dovish -- either adding to quantitative easing or becoming less hawkish, as the case may be for the U.S. Fed -- any assets that aren’t impaired or encumbered are going to do very well.”
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“The central banks around the world have been extra accommodative and they’re reinforcing, if not doubling down on, that stance. That’s positive for financial assets, at least for the time being.”
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yields have turned negative for Swiss debt for all maturities out to 50 years.
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