Bond market to soar as governments finance rescues

Governments worldwide are planning to issue bonds to raise money to finance their economic rescues, but many questions remain. Analysts said the main sticking point will be how much the governments can afford to pay. If governments continue to push up rates to secure funds, they will push up wider interest rates, which could hinder the same economies they are trying to help.

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Straits Times (Singapore) (subscription required), The

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