JGB Hits 0%
World Economy

JGB Hits 0%

The benchmark 10-year Japanese government bond yield hit zero percent Tuesday for the first time on record as tumble in Tokyo shares boosted demand for safe-haven debt, Reuters reported. Traders reckon that it is a matter of time before the 10-year JGB yield falls into the negative with the Bank of Japan having adopted negative interest rates late last month. The Nikkei was down more than 4%, caught up in the risk-averse mood that hit eurozone and US equity markets overnight.

Short URL : http://goo.gl/4wAQgM
  1. http://goo.gl/4etrb3
  • http://goo.gl/xGpoub
  • http://goo.gl/tqhqjg
  • http://goo.gl/O7xx2V
  • http://goo.gl/63XVJP

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...