The Race To 0%: Plunging Yields Across The Globe
We are seeing history in the making in the bond market today, with an all-time low in 10-year yields in each of the following countries: Germany: 0.70% France: 0.98% Italy: 2.03% Spain: 1.86% Netherlands: 0.81% Portugal: 2.80% Switzerland: 0.31% Japan 0.41% Source: Bloomberg What do each of these countries have in common? Slow to negative…