"If The Fool persists in his Folly he will become wise." - William Blake
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Government Bond Yields Around The World Are Making New Lows Day In And Day Out
Government borrowing rates continue to tumble around the world. "Global bond yields have taken over the entire financial chatter this morning," Brean Capital's Peter Tchir said earlier today. According to Bloomberg, the yield on the German 10-year bund fell to a record low of 0.909%. Spain's 10-year yield fell to 2.083%. "Rates on similar-maturity Austrian, Belgian, Dutch, Finnish, Irish and Italian debt also fell to all-time lows," reported Bloomberg's David Goodman and Lukanyo Mnyanda. "Not only are yields still making new lows day in and day out, but now some spreads to Bunds are also making new lows," said ... (full story)