Dec 30, 2020 00:14 am UTC| Economy Investing
On December 10, it finally happened. Instead of demanding an interest payment from the government in return for lending it money, a group of investors offered to pay the government in order to lend it money. Naturally...
Negative rates explained: how money for (less than) nothing is helping out the budget
Dec 17, 2020 11:07 am UTC| Economy
A week ahead of Thursdays budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid...
BoJ likely to keep negative interest rates, 10-year government bond yield target unchanged
Oct 28, 2016 10:49 am UTC| Insights & Views Economy Central Banks
At its two-day policy meeting which concludes Nov 1st, the Bank of Japan (BoJ) is widely expected to keep unchanged its minus 0.1 percent short-term interest rate target. In a quarterly evaluation of its forecasts also due...
Low interest rate level, increase in residential construction support New Zealand economic growth
Oct 18, 2016 11:42 am UTC| Commentary
Growth rates recorded for the New Zealands economy are quite encouraging in principle. The nations central bank, Reserve Bank of New Zealand, is expecting the economy to expand 3.2 percent in this year and 3.6 percent in...
Un-shortable market will end in another big short
Sep 23, 2016 07:05 am UTC| Commentary Central Banks
This year, U.S. benchmark stock index is up around 5.67 percent and this is the eight year running; so it wont be anexaggeration to call it an un-shortable market. However, the biggest concern is not the consecutive rise...
Negative Rates Series: Negative yield universe shrinks by a trillion dollar
Sep 22, 2016 11:01 am UTC| Commentary
According to the latest figure from the rating agency Fitch, the size of the negative yielding bonds market stands at $10.9 trillion. As some longer dated bonds, move in the positive territory, especially in Japan, the...
Negative rates Series: Bill Gross warns supernova
Sep 05, 2016 06:21 am UTC| Commentary
Bill Gross founder of bond powerhouse Pimco, who currently manages no constraint fund at Janus, warned over $10 trillion worth of bonds that are trading at negative yields. According to latest from rating agency Fitch,...