Central Banking

Sweden's Srejber on market rate developments

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In a speech on 14 April, Sveriges Riksbank deputy governor Eva Srejber said that despite a gradual rise in growth since 2001 in Sweden and abroad, long-term interest rates have fallen to low levels in many OECD countries.

"The fact that at the same time central government finances in the United States and several EU countries have been weak for some years now, and in some countries have deteriorated, makes the trend in bond yields appear unusual. Weak fiscal policy usually, all other things being

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