low sovereign debt yields
Blame It on the British: Bond Yield Distress Extended
July 6, 2016
The 10-year Treasury yield touched a fresh low for the move earlier today of 1.318%. It closed on June 23 at 1.75% just before the shocking Brexit vote result became known. The 10-year Japanese JGB is off two basis points at negative 0.27%. The sovereign debt yields in Germany and Switzerland are also below zero. […] More