My Kuroda! 10Y T-Note Yield Declines After Approaching 3% Barrier (Same For Germany And Japan)

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

The US Treasury 10Y yield appears to have bounced off a reflecting barrier — the 3% yield barrier.

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For the German Bund, it is reflecting off of the 75 basis point barrier.

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Even Japan’s 10Y sovereign yield is falling.

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As a tribute to The Fed, ECB and Bank of Japan, I give you the song “My Kuroda.”

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