PSG Asset Management sees buying opportunity in Kganyago's ‘exceptionally steep’ yield curve
28 July 2020 - 20:57
The steepest yield curve in at least two decades is a sure sign that the country’s fiscal position has reached crisis proportions that have some investors questioning its ability to pay back its debt in the long term.
For others, such as Lyle Sankar at PSG Asset Management, it represents an opportunity for healthy returns in a low-inflation environment...
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