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Amerigo's avatar

“Central Banks will have no choice but to print more of their currency to suppress bond yields“

But they will suppress yields on new-issued bonds? How will it help them then?

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MacroJack's avatar

By lowering interest rates again with QE, that will reduce the amount of interest expense the treasury needs to pay since rates will be lower on their bonds. Did that answer your question?

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Amerigo's avatar

Yes, thanks a lot.

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