Czech Shorter Yields Slump on Mounting Bets Koruna Cap Will End

  • Two-year bonds rise as euro-koruna forwards fall to 2016 low
  • Erste sees capital inflows, koruna interventions intensifying

Yields on Czech government bonds with shorter maturities fell the most in a year as speculation the central bank will scrap its cap on the koruna next year boosted demand for the currency.

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