10 yr Japanese government bond yields go negative!

10 year Japanese government bond yields (JGBs) are trading sub zero at present, as opposed to Monday’s close at 0.014@%, an occurrence that simply follows the global theme of a negative interest rates environment.

The 10-year JGB yield reached a peak of 0.53% June of last year, but it has seen a steady decline ever since, accelerating dramatically as a result of the negative interest rate policy by the Bank of Japan last Jan 29th., day that saw the yield drop from 0.22% towards 0.08%, only to continue its slide to hit levels sub 0% today, a sign that further negative rates by the BOJ are expected.

10 year Japanese government bond yields (JGBs) are trading sub zero at present, as opposed to Monday’s close at 0.014@%, an occurrence that simply follows the global theme of a negative interest rates environment.

(Market News Provided by FXstreet)