-
Japan Sells 10-Year Bonds at Negative Yield For the First Time
•`Ten-year yields have overheated,' Barclays strategists say •Sales of five-, two-year notes last month had negative yields The Japanese government got paid to borrow money for a decade for the first time, selling 2.2 trillion yen ($20 billion) of the debt at an average yield of minus 0.024 percent on Tuesday. The sale drew bids for 3.2 times the amount of the securities offered, according to the Finance Ministry. Japanese government bonds of as long as five years in maturity sold at a negative average yield for the first time last month, after the Bank of Japan pushed yields lower across the curve with the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 29, 2016 11:19pm Feb 29, 2016 11:19pm
- toptrader11
- | Joined Jul 2011 | Status: Member | 537 Comments
- Comment #2
- Quote
- Mar 1, 2016 12:14am Mar 1, 2016 12:14am
- Guest
- | IP XXX.XXX.209.228
- Comment #3
- Quote
- Mar 1, 2016 12:16am Mar 1, 2016 12:16am
- NorthTrader
- Joined May 2013 | Status: Digging deeper | 28 Comments
You reap what you sow.
- Comment #4
- Quote
- Mar 1, 2016 12:22am Mar 1, 2016 12:22am
- roger44
- Joined Sep 2014 | Status: Member | 614 Comments