A momentary lapse of reason
NAB Morning Call
00:00
The Slowdown in the Global Economy?
Philip Lister: We remain sceptical of the small rebound that we'v seen in the past 24 hours. And yet, er, look at falling bond yields. I mean, doesn't this normally signify market so expecting inflation, its not going to be as bad as previosly thought? He says concerns about global growth are probably being reflected in the decline in the real yield a. But we've also seen that pull backing in all prices in the last couple of days,. which played into the breakeven comment, thad, that you're making.
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