The Greatest Depression? German Yields Now Negative Through 2017!

Source: www.zerohedge.com
-
The Greatest Depression? German Yields Now Negative Through 2017!
by Tyler Durden, www.zerohedge.com
Another night, another sell-side bank suggests European QE must be getting closer and, along with more un-de-escalation in Russia-Ukraine, the bid for German bonds continues to surge as Europe’s greater depression appears increasingly priced into bonds. Yields on all German bonds out to 3 years are now negative and 10Y Bunds have collapsed to 90.5bps – record lows. This in turn – as we explained here – is dragging Treasury yields lower (10Y 2.36%) but leaves the spread to Bunds at record highs.
–
read more!
end