Jimbo Posted July 2, 2019 Report Share Posted July 2, 2019 MORE CONCENTRATED MARKET INSANITY The Aussie ten year bond selling near 1% yield. But inflation is at 2%. Thats a 1% real negative yield!!!!!!!! A 1% of capital gift to the borrower every year. Or a 10% gift of the bond capital over the life of the bond. And I cant see the RBA shifting its inflation target anytime soon. Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 2, 2019 Report Share Posted July 2, 2019 Everything is going ZIRP/NIRP (or even worse*) by force of the Central Banks and by Hook and Crook and "Mutual Consent" of "others"...... * I do not want to mention what is/could be worse because they will then do it, pronto. Then again, I am sure they have already thought of it and many more. Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 2, 2019 Report Share Posted July 2, 2019 https://www.zerohedge.com/news/2019-07-02/uber-dove-lagarde-rumored-replace-mario-draghi-ecb-president ZIRP/NIRP or worse and beyond, guaranteed Link to comment Share on other sites More sharing options...
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