Tuesday, February 3, 2015

German Bund Yields Below Japanese Bonds For First Time Ever As BoJ Loses Control

I've been watching the Japanese government bond market for a while.  This could be the beginning of the end for Japan.  If/when the Bank of Japan loses control of the yield curve, Japan is cooked--due to its huge debt-to-GDP ratio.  This could be one of many black swans in global markets.  Unfortunately, Japan is the precursor to all insolvent western economies.

http://www.zerohedge.com/news/2015-02-03/german-bund-yields-below-japanese-bonds-first-time-ever-boj-loses-control

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