Hong Kong’s interest rate swap curve has swung to its deepest inversion since 1999, amid expectations that liquidity conditions will tighten. Photo: Bloomberg

Hong Kong's rates curve is the most inverted in two decades

  • The one-month interbank borrowing cost on Thursday jumped to its highest level since October 2008
  • Demand for the Hong Kong dollar has risen as banks hoard money for regulatory checks and corporate clients pay out dividends
Topic |   Global interest rates

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Hong Kong’s interest rate swap curve has swung to its deepest inversion since 1999, amid expectations that liquidity conditions will tighten. Photo: Bloomberg
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