Jaoan once again joins Switzerland as having the world’s only negative 10-year sovereign yield.
Liquidity moves markets!Follow the money. Find the profits!
And Japan has a curiouly flat (and negative) yield curve at tenors less than 15 years whle the US sovereign yield curve is lumpy between 1 month and 2 years.
All hail the shining light of global banking.
Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.