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Friday, March 22, 2019
Germany 10-Year Bund Yield Intraday Chart; German Bund Turns Negative First Time Since October 2016
Boom. Germany's 10-year bund yield turns negative for the first time since October 2016. The German bund yield is at -0.008%. The LOD is -0.01%. European PMI's are very weak. Traders are worried about a recession in Germany this year. Global investors are gladly willing to pay money for the privilege of parking their money in Germany. Traders are seeking safety around the globe as the world's economy begins to wobble. Central bankers plan to maintain low rates forever fueling asset prices that make the wealthy elite class filthy rich. The central bankers are the market. These modern-day money God's are sick pups. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Note: Chart is provided by www.cnbc.com and annotated by Keystone.
Note Added Saturday Morning, 3/23/19: The German bund drops to -0.03% yesterday and then recovers to the positive side at +0.006%. What have the sick global central bankers done to the world's financial systems?
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