Czech bonds in line to set next milestone in global QE

April 2, 2015 7:10 PM

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By Marc Jones LONDON, April 2 (Reuters) - The Czech Republic is on the verge of setting a new milestone in the global experiment in quantitative easing as it closes in on becoming the first emerging market with negative government bond yields.

With the European Central Bank hoovering up euro zone bonds and interest rates in countries like Switzerland and Denmark now deeply negative, investors who still want some kind of return on their money are having to look elsewhere. The favoured choice is eastern Europe and the Czech benchmark two-ye...

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