Czech Yield Converging With Swiss on Koruna Cap Exit Bets: ChartBy and
Mounting speculation that the Czech central bank will remove its three-year-old cap on koruna gains next year is attracting foreign investors into the nation’s local-currency bonds with shorter maturities. The two-year yield has tumbled 44 basis points in September to a record minus 0.76 percent, the lowest in the world after Switzerland.
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