The mathematician who could be a movie star
Fri, May 24 2013. 04 12 PM IST

The mathematician who could be a movie star

The story of an unknown mathematician who proved elusive property of prime numbers
Related
Cubiclenama | A question of character
Fri, May 24 2013. 07 39 PM IST

Cubiclenama | A question of character

It’s always good to validate a candidate’s performance on psychometric tests during the interview process
Taking the con out of the cricketing world
Thu, May 23 2013. 05 35 PM IST

Taking the con out of the cricketing world

Instead of chasing players, rooting out corruption requires systemic solutions
The mathematics of spot-fixing
Thu, May 23 2013. 01 25 PM IST

The mathematics of spot-fixing

It is human nature to want to gamble. But that desire is founded on probabilities
A lost decade
Thu, May 23 2013. 09 35 AM IST

A lost decade

The UPA’s decadal run has badly dented India’s economic prospects

columns

blogs

DrawBridge

Skip

Small Picture


Bond strike in Tokyo

The most vocal critics of quantitative easing (QE) have often voiced a concern that seemed baseless—till now.
Their fear is as follows: The flood of liquidity released by central banks will eventually drive up inflation. Smart bond investors will anticipate high inflation by driving up yields on long-term bonds, in effect scuttling the recovery. Nothing of the sort has happened in the US and Europe.
But now look at Japan. Bond yields have doubled since April, when the Shinzo Abe government announced an ambitious stimulus programme that aims to push up Japanese inflation. The steep rise in bond yields is one indication of the investor fears that rattled Tokyo equities this week.
Japanese stock prices are still 40.57% up this year, so it is too early to write off Abenomics. But what has happened in Japan suggests that it is possible investors will eventually revolt against the inflationary consequences of QE.
Subscribe |  Contact Us  |  mint Code  |  Privacy policy  |  Terms of Use  |  Advertising  |  Mint Apps  |  About HT Media
Contact Us
Copyright © 2012 HT Media All Rights Reserved