Global Bonds Yields Plunge To Record As Treasuries Test Flash-Crash Lows
by Tyler Durden
ZeroHedge.com
Jun 10, 2016
German, Japanese, and British bond yields are plumbing historic depths as low growth outlooks combined with event risk concerns (Brexit, elections, etc.) have sent investors scurrying for safe-havens (away from US Biotechs). At 2.0bps, 10Y Bunds are inching ever closer to the Maginot Line of NIRP which JGBs have already crossed, and all of this global compression is dragging US Treasury yields to their lowest levels since February’s flash-crash… and it appears stocks are catching down to that reality.
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