Beyond Stupidity: Buyers Of Germany’s 30-Year Subzero Bond Have Lost 14% Since August!

This bond’s yield is now positive +0.32%. In other words, on this bond, the yield rose a still minuscule 50 basis points, and this translates into a 14.5% capital loss. This is when duration meets negative yields that are ticking up in tiny baby steps into the positive (chart via Börse Berlin):       […]

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