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"While it is true that yields have risen to levels unseen in almost two decades, the relationship between bond yields, economic growth, and stock markets is more complex than this naive view implies."

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"I felt deeply ashamed of the situation I was in. So, I want to start by saying something I don’t think gets said enough: reaching for credit when the numbers don’t stretch is not a character flaw."

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Guardian Mortgage Fund makes NZ$23.8

Guardian Mortgage Fund makes NZ$23.8 mln provision for 19 loans; sees 5c loss

24th Aug 09, 11:00am

by Alex Tarrant

Guardian Mortgage Fund makes NZ$23.8 mln provision for 19 loans; sees 5c loss

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