Japanese Government Bond Yields Collapse To Record Lows…(We Going To Make It Through March!?)

by Tyler Durden
ZeroHedge.com
03/08/2016

Amid a strong 30 year auction overnight, long-dated Japanese Government Bond yields utterly collapsed. 30Y yields dropped 21bps – the biggest absolute drop in over 3 years and biggest percentage drop ever – to a record low 47bps. Since Kuroda unleashed NIRP, the entire JGB has been crushed and last night’s rush for long duration debt (well at least there is some yield there?) has flattened the curve to record lows. For context, Japan’s 30Y yield is now below US 2Y yield…

The Rest…HERE

This entry was posted on Tuesday, March 8th, 2016 at 1:49 pm and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.