By Prieur du Plessis, on February 29th, 2008 posted in: Bonds, Currencies, Investment, Markets, Money 6 people had their say - chime in!

Tweet

Email

Print This Post

The upshot of rapidly rising inflation in Asia could not only result in stronger Asian currencies, but also in reduced Asian investment in Western bond markets and, over the longer term, the need for higher real rates in the West with commensurate implications for lower economic activity. Of immediate consequence: be very careful of overvalued US and EMU government bonds. [...]