We just set a new record again.
Italy now joined the pack.
Today 19 economies have their 30-year yields below the Fed funds rate.
Previous extremes proved to be a bad omen for the global economy.
The Fed is cutting rates, and this count keeps rising. pic.twitter.com/C5kFHeux9H
— Otavio (Tavi) Costa (@TaviCosta) September 29, 2019