Black Hole of Negative Rates Is Dragging Down Yields Everywhere

down-yields

The Wall Street Journal | Page One | Uncertain | Relevant: stock, bond, traders’ move


Summary:

Traders bought bonds in spite of a strong US job report and S&P soaring. They are buying bonds because they see global central banks’ policy of low and negative interest will continue. But bonds that they can buy become few.


 

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