Japan Feedback Loop Seen Turning All Sovereign Yields Negative
- Yield on 40-year JGB, Japan’s longest, drops to record 0.065%
- ‘Only God knows how far yields will fall,’ SMBC Nikko says
85% of JGB Market Yields Negative
This article is for subscribers only.
Japanese government bonds are caught in a self-propagating spiral that could soon see yields on every maturity below zero.
QuickTake Negative Interest Rates