https://www.scmp.com/rss/510574/feed David Zhang, an active participant of financial markets since 2004, is currently a senior economist at Bank of China (HK) Financial Research Institute. He enjoys helping sovereign, corporate, and private investors to identify divergences between global policy and markets while leveraging his past experiences, which could be boiled down to FRAPPE-financial research, asset management, public policy, publications, and education. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Of all major asset classes, currencies have the worst reputation. Unlike global stock and commodity indices, currencies generally do not appreciate, even if held for a long time. And unlike sovereign bonds, which promise a certain yield at maturity, currencies could produce negative returns even after a decade. Since policy rates in the Group of 10 countries raced to near zero after 2008, and now to below zero for some since 2020, the lack of interest rate differentials among G10 currencies has... https://www.scmp.com/comment/opinion/world/article/3145371/interest-rates-rise-g10-currencies-could-soon-offer-investors?utm_source=rss_feed https://www.scmp.com/comment/opinion/world/article/3145371/interest-rates-rise-g10-currencies-could-soon-offer-investors?utm_source=rss_feed Wed, 18 Aug 2021 06:30:12 +0000