Something odd is happening in the government bond market: Interest rates are pricing in a debt-deflation cataclysm.An interesting look at interest rates.
How else can you explain the fact that the yield on the U.S. 30-year bond hit a record low of 2.4 percent on Wednesday? Or that Japanese and German 10-year yields are plumbing record lows? Or that five-year yields of bonds issued by Eurozone safe havens Finland, Germany and Switzerland are in outright negative territory?
Something is very wrong here.
Friday, January 16, 2015
The Bond Market Is Warning of Huge Trouble Ahead
The Fiscal Times reports:
