This page has been archived and commenting is disabled.
German 10Y Bond Yield Plunges To 10bps, Negative To 8 Years
German yields cratered-er today (as DAX flash-crashed into the close). 10Y yields are now at 10.5bps - record lows - and the entire German yield curve is now at negative rates to 8 year maturity. 3-Month German bills hit -42bps!! Must all be a signal of the economic success of Q€ right?
German bond yield compression is accelerating...
As the curve collapses...
Charts: Bloomberg
- 9373 reads
- Printer-friendly version
- Send to friend
- advertisements -




Sticks fingers in ears
***THIS IS NOT A BUBBLE**** LALALALALALALALALALALAL
Am I crazy or is all this negative yield stuff from another universe? How does one convince another to pay for the privilege of financing it?
Personally, I would be happy to have the bank pay me to finance my next operation...
Hmmmm.
That's going to leave a mark,
or recreate one;)
You're looking at it the wrong way. Think like a rich person: you can't put the money in the bank, because the banks are insolvent. You can't turn your digital money into physical cash and put that in a safe deposit box (or even in your mattress) because the bank won't give you physical cash. You have already put a LOT of your money into real estate and the stock market, but you can't put ALL of it there. So you pay the German government a tiny, tiny little slice to keep some of your money safe for a few years.
When you think about it, it makes perfect sense. Heck, I could even imagine negative yields hitting a few percent a year, using this logic.
Please, banks are not "banks" anymore. they are now casinos or useless fucking middlemen in the movement of money. The fucking skim is too high.
Personally, I was thinking more along the lines of another option, becoming a real bank.
What do you mean you can't have cash? Hogwash. Go buy gold and silver too, and other currencies.
This bullshit makes no sense. It's incredibly dumb when you are losing money to inflation and NIRP at the same time.
^^^this too. All investment has risk, but remember, when fraud is the status quo, possession is the law. Be sure to have the right mechanisms in place in order to maintain possession as well.
Try going to your local bank branch and cashing out your $50,000 checking account and see what happens.
Now imagine what happens when that is a $500,000 account.
Wow, America keeps whistling past the graveyard by sacrificing allies, one, (Japan) by one (Germany)... ...how many allies do we have? this could take a while.
The US hasn'T thrown Germany under the bus completely.
Germany's biggest problem is of its own doing -
1) People don't have kids.
2) The government here is invested in the "All Europeans are one people" nonsense.
Obozo and Merkel have a thing going on, just as long as the wookie doesn't find out they can keep it on the down low.....
Actually, they do have kids, but usually just one or two. That's sustainable, and these kids are intelligent and educated, I have no problem with that.
Speaking of problems that are of one's "own doing"...
talk to a fucking SNAP baby in 'merica lately?
Germany building 100 Leopard tanks to play with U.S. M1-A1's!
On the modern battlefield they will be like the horse cavalry in WWI, but someone is making money.
Germany building tanks in quantity again should put their bonds at 10%-15%.
Broken windows economy? How did that work out for them last time?
Are these tanks electric or should I go long oil and deisel?
Yup, the US will keep throwing other currencies under the bus, until it's own Yields are in the Avalanche Zone.
If foreign currencies want to avoid being sacrificed, they'd better ramp up their decoupling from the Petrodollar ASAP, and do the Reset on their timeline, not the Fed's.
"they'd better ramp up their decoupling from the Petrodollar ASAP, and do the Reset on their timeline, not the Fed's. " -- bingo. Pick the path of your own suffering or suffer at the hands of the Fed and the people/owners behind the Fed...
tick tock motherfuckers...
I need to buy a buttload of them since I just LOVE losing money on rumors that 'someday' I'll make money......
Yield curve looks healthy ... just kidding.
Who in their fucking right mind would buy these??
Someone who doesn't want to lose 60% in equities next crash.
Crazy stuff, eh? Either push people to chase yield (and risk) in bubbleicious equities, or pay -% for "insurance" buying NIRP bonds. Insanity.
all the while the underlying fiat currencies are dying...
Look folks, the oilgarchs have already stolen all the real assets (their names are on the titles), everybody gets to suffer now. It's simply a matter of picking the type of suffering you want to experience of having the fucking oligarchs behind central banking pick it for you.
Not yet, LoP, the 'best' part is yet to come as insanity gradually ramps up.
I beleive negative mortgage rates everywhere will be their last card, making millions of fools and their dog loading up on debt, happy that the bank is going to pay them for buying a house. Then they raise interest rates and pull the plug on this motherfucker. That's when the real party begins...
What no "fixed rate negative rate mortgages?" Well, that sucks...
The people who know there is Sum Ting Wong with those 24% yeilds on Greek bonds, and just about every other alternative investment, which is just about everyone now.
Those betting on the demise of the Euro.
Speculators who expect yields to go even lower, thanks to the Draghi hoovering up everything he can get his grubby little paws on.
It couldn't be more obvious that the one-percenters have too much money!
does the German yield curve count as a green shoot?
edit: I mean it is green and going upwards and all
Is that before or after taxes, fees, inflation, and.........who am I kidding, WTF difference does it make anymore.
until it costs one all their assets to have a checking account no one will feel secure.
All completely normal. Nothing to see here. Move along, move along.
Looks like a 90% move in the last 10% of the time, which is a ......
Please Mario, stop helping me, it hurts too much.
Deutschland has gone Full Retard.
Nah. I'm betting it can go Full-er Retard.
Negative yeilds!!! So I'll give you a €100,000 and you give me €99,900 back, in 3 months, which might be worth less because of currency debasement and or real inflation. What else can you say? If we haven't jumped the shark yet we're awfully close.
Pretty soon even your paychecks future value will be discounted back to PV.
Sorry bud, we know you make 20/hr hour but those hours were worked last week so we only owe you 19.48/hr since you get paid by bank check.
But hey, look at the bright side, next year you are due for a .42 COLA raise! Oh, and did I mention our New Healthcare plan?
so true
How can Germans still think "austerity" is a good idea, when the market is literally paying them to spend money? Where is the fiscal loosening? They are still at less than 1% deficit. What did they expect to happen?
Who's buying these NIRP bonds?
Is it billionaires?
Or is it pension fund administrators, private and government?
Another way to "soak the poor".
ECB
No surprise in a global system that requires debt to expand much faster than output. How much new global debt in the next five years (barring collapse)?