Global Financial Stability Report, September 2005 : Market Developments and Issues.

This September 2005 issue of the Global Financial Stability Report highlights that financial conditions have remained broadly positive over the past six months, but some market developments diverged from consensus expectations of market participants. Long-term interest rates, instead of rising, as e...

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:Global Financial Stability Report; Global Financial Stability Report ; No. 2005/002
Online Access:Full text available on IMF
Description
Summary:This September 2005 issue of the Global Financial Stability Report highlights that financial conditions have remained broadly positive over the past six months, but some market developments diverged from consensus expectations of market participants. Long-term interest rates, instead of rising, as expected by some investors, have moderated, leading to a further flattening of global yield curves. This reflected cyclical factors, as market participants seemed to expect more moderate global growth and inflation, and structural factors such as a secular portfolio shift toward long-term bonds by pension funds and life insurance companies.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (220 pages)
Format:Mode of access: Internet
ISSN:1729-701X
Access:Electronic access restricted to authorized BRAC University faculty, staff and students