Globally, 45% of ALL sovereign bonds (debt) yield less than 1% today.
Spanish and Italian bonds are at levels not seen since the Black Plague.
German Bunds have negative yields as far out as 8 years.
10-year US Treasury yields are at levels last seen in WWII.
Does THIS 'look' like Central Banks have anything remotely under control?
- This is grim enough without considering the almost $600 trillion derivatives market (gambling bets) these really smart fella's have gotten themselves 'exposed' to....we'll discuss that another time.
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