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Japan Sells 10Y Bond At Negative Yield For First Time Ever 

By: capt_nemo in POPE IV | Recommend this post (1)
Tue, 01 Mar 16 11:51 PM | 71 view(s)
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s 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...

Down from a 7.8bps positive yield at the last auction, the 10Y auction's average yield was -2.4bps...

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http://www.zerohedge.com/news/2016-02-29/japan-sells-first-ever-10y-bond-negative-yield




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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