Japan Sells 10Y Bond At Negative Yield For First Time Ever
by Tyler Durden
ZeroHedge.com
02/29/2016
As we detailed earlier, for the first time in the history of crazy, Japan ‘sold’ 10-year government bonds today at a negative yield. Translated into English, this means “investors” agreed to pay the Japanese government 2.4bps per year for the privilege of lending it money for 10 years…
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