The past few months have been full of frustration for Hong Kong’s debt bankers. Aside from the stifling heat and incessant downpours, deal flow has virtually ground to a halt since Federal Reserve chairman Ben Bernanke first uttered the word “tapering”, an eventual reduction in asset purchases by the US central bank.
过去几个月让香港从事债券业务的银行家们倍感受挫。除了天气热得让人窒息、大雨倾盆之外,美联储(Federal Reserve)主席本•伯南克(Ben Bernanke)说出的“逐渐缩减”那几个字,更是导致债市交易近乎停滞。“逐渐缩减”是指美国央行最终开始缩减资产采购规模。
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