Replies to Msg. #960207
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 Msg. #  Subject Posted by    Board    Date   
04308 Re: Japan Sells 10Y Bond At Negative Yield For First Time Ever
   I gotta ask . . . Just who would be stupid enough to buy a bond wi...
Zimbler0   POPE IV   02 Mar 2016
5:53 AM
04306 Re: Japan Sells 10Y Bond At Negative Yield For First Time Ever
   Why can't I find someone who will pay me to borrow money? nacl
nacl01   POPE IV   02 Mar 2016
3:22 AM

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

By: capt_nemo in POPE IV
Tue, 01 Mar 16 11:51 PM
Msg. 04298 of 47202
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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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