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Despite expected stimulus hopes, bond yields do not rise with bigger deficits
David Oakley considers the risk that central bankers will resort to helicopter money
Unconventional monetary policy loosening may be with us for life, warns David Oakley
Countries take advantage of low rates resulting from European Central Bank quantitative easing
ECB’s bond buying programme is pushing interest rates down and creating shortages
Prices have soared despite huge issuance
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