-
Japanese Bond Yields Collapse On BoJ Front-Running
If there is one thing the Fed taught the world's investors it was to front-run them aggressively; and whether by unintended consequence or total and utter lack of belief that despite a 'promise' to do 'whatever it takes' to stoke 2% inflation the BoJ are utterly unable to allow rates to rise since the cost of interest skyrockets and blows out any last hope of recovery, interest rates are collapsing. Japan's benchmark 10Y (that is ten years!!) yield just plunged from 55bps (pre-BoJ yesterday) to 34bps now. That is a yield, not a spread. Nothing to see here, move along. Of course, not to be outdone, Japanese stocks ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 4, 2013 8:35pm Apr 4, 2013 8:35pm
- k3nshinz3139
- Joined Oct 2012 | Status: Chart can tell you everything! | 642 Comments
- Comment #2
- Quote
- Apr 4, 2013 8:38pm Apr 4, 2013 8:38pm
- Guest
- | IP XX.XX.31.192
- Comment #3
- Quote
- Apr 4, 2013 8:51pm Apr 4, 2013 8:51pm
- eddiefx
- | Joined Feb 2013 | Status: Student | 26 Comments
- Comment #4
- Quote
- Apr 4, 2013 8:54pm Apr 4, 2013 8:54pm
- thunderr
- | Joined Nov 2012 | Status: Member | 31 Comments
- Comment #5
- Quote
- Apr 4, 2013 8:55pm Apr 4, 2013 8:55pm
- holmes
- | Joined Jun 2010 | Status: Member | 306 Comments
- Comment #6
- Quote
- Apr 4, 2013 8:59pm Apr 4, 2013 8:59pm
- thunderr
- | Joined Nov 2012 | Status: Member | 31 Comments
- Comment #7
- Quote
- Apr 4, 2013 9:00pm Apr 4, 2013 9:00pm
- k3nshinz3139
- Joined Oct 2012 | Status: Chart can tell you everything! | 642 Comments
- Comment #8
- Quote
- Apr 4, 2013 9:01pm Apr 4, 2013 9:01pm
- palafonse
- | Joined Feb 2013 | Status: Junior Member | 2 Comments
- Comment #9
- Quote
- Apr 4, 2013 9:08pm Apr 4, 2013 9:08pm
- asgaban
- | Joined Dec 2006 | Status: Member | 4 Comments
- Comment #10
- Quote
- Apr 4, 2013 9:17pm Apr 4, 2013 9:17pm
- khol_hands
- | Joined Nov 2012 | Status: blind eyes... | 396 Comments
- Comment #11
- Quote
- Apr 5, 2013 12:02am Apr 5, 2013 12:02am
- Guest
- | IP XXX.XX.20.132
- Comment #12
- Quote
- Apr 5, 2013 1:19am Apr 5, 2013 1:19am
- Bull n Bear
- | Joined Jan 2013 | Status: Member | 239 Comments