German 10Y Bond Yield Plunges To 10bps, Negative To 8 Years
German yields cratered-er today (as DAX flash-crashed into the close). 10Y yields are now at 10.5bps - record lows - and the entire German yield curve is now at negative rates to 8 year maturity. 3-Month German bills hit -42bps!! Must all be a signal of the economic success of Q€ right?
German bond yield compression is accelerating...
As the curve collapses...
Charts: Bloomberg
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