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The Glut of Asian Savings Looks for New Bond Markets at 2006-07-09 19:42:58
James Carville is supposed to have once said, “I used to think if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter… but now I want to come back as the bond market. You can intimidate everybody.” It seems that Asian policy makers are taking his advice to heart. The Asian Bond Market Initiative (ABMI), a cooperative effort on the part of the Asean
