2 days ago

Jump in volume of negative yielding bonds has helped equity valuations

The volume of negative-yielding bonds has jumped by $3.4tn within a month to $16.3tn, largely to the benefit of risk assets. Equity markets – at least in the US – trading on multiples never sustained outside of the 1990s tech bubble.

#Bonds
Jump in volume of negative yielding bonds has helped equity valuations

2 days ago

Japan's GPIF slashed Treasury holdings by most on record last year

Japan’s Government Pension Investment Fund made a record cut to the weighting of Treasuries in its portfolio last fiscal year as the world’s safest asset led a global debt selloff.

#Bonds
Japan's GPIF slashed Treasury holdings by most on record last year

8 days ago

Record-low for 10-year US Treasury yields

Real yields on 10-year Treasuries fell to a record low as investors are concerned with the slowdown of the economic recovery. The real rate, the nominal one stiped of the impact of inflation over the next decade, fell 6 basis points to a negative 1.13%. Source: Bloomberg, Yahoo Finance

#Bonds
Record-low for 10-year US Treasury yields

15 days ago

Foreigners are piling up in Japanese bonds, near-record buys

Foreign investors purchased a near-record high of $37 billion (4.06 trillion yen) worth of Japanese bonds last months, just shy of the previous record of 4.43 trillion yen in December 2018. Overseas buyers using cross-currency basis swaps can enhance yields beyond what’s offered by positive yielding domestic debt. Source: Bloomberg, JSDA, Yahoo Finance

#Bonds
Foreigners are piling up in Japanese bonds, near-record buys

19 days ago

Bank of Japan is entering the ESG effort with green bonds

Bank of Japan joined the global battle against climate with incentives for lenders to to help businesses move to a greener economy and plans to help them buy foreign green bonds. 

#Bonds
Bank of Japan is entering the ESG effort with green bonds
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