bond market: AFP/Getty Images Caption outside of wrapper for normal article images Waiting for the panic to stop The bond market looks like a runaway train right now, as more investors clamber aboard to escape the perceived economic boogeyman, according to Market Watch. As New York wakes up, the yield on the 10-year U.S. bond is hovering at 15-month lows, yields on equally dated Japanese and German government bonds have pushed further into negative territory, and Australia's hit a record low. The story has been corrected. Japan & Germany are in a race to the bottom. Indeed, equities are holding pretty steady for Thursday, as investors keep one eye on trade talks in Beijing and take in some fresh economic data. Japan is again in the lead w/ 10y JGB yields at -0.09% while 10y German Bund yields at -0.08%. Holger Zschaepitz Schuldensuehner March 28, 2019 We fear the things we don't know, not what everyone is talking about, says Cracked Market blogger Jani Ziedins, who believes stock bulls still have the edge and investors may be freaking out over nothing new.
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