Market News and Commentary – Wall Street Underground

By Nick Guarino | August 21, 2019

Negative-Yielding Bond Supply Hits All-Time High

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NEGATIVE YIELDS ARE JUST ANOTHER TRICK THEY COOKED UP TO FOOL THE FOOLS AND TAKE THEIR MONEY! WANNA HEAR THE REALLY GOOD PART? IF YOU’RE AMONG THE 1 IN A BILLION THAT UNDERSTANDS THIS EVIL TRICK, YOU CAN TAKE THEIR MONEY. AND GET THIS, I PROVED IT BECAUSE THAT IS EXACTLY WHAT WE HAVE DONE THIS PAST WEEK.

NEW YORK (Reuters) – The amount of bonds carrying negative yields increased to an all-time peak of $13.2 trillion on Wednesday, up $1.6 trillion or 13.4% from a month earlier in the wake of a dramatic rally in bond markets around the world, J.P. Morgan said on Thursday.

Investors’ stampede into mainly sovereign bonds started a week ago when U.S. President Donald Trump vowed to slap a 10% tariff on $300 billion worth of Chinese imports in a bid to pressure Beijing to agree to a trade deal. Sixteen of the 21 developed countries J.P. Morgan tracks saw their government debt yields hit record lows over the past month, J.P. Morgan analysts said. Most of the increase in negative-yielding bonds occurred in Europe. German yields across all maturities, worth $1.2 trillion, have sunk into negative territory. Negative-yielding euro zone government bonds grew by 15.6% to $5.2 trillion with an average 28 basis-point fall in yields, they said.

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