by SpontaneousDisorder
This is interesting because a lot of what were considered the safest bonds to hold had negative yields. Conventional assumption would be in a panic to safety those yields would get pushed down further as people buy the bonds.
I think this seals the deal on this being the bottom for long term interest rates. I wonder if we’ll see a crash in government bond prices down the road.
Sauce
www.zerohedge.com/markets/unprecedented-global-monetary-policy-easing-failed-curtail-credit-carnage
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