Why are bond yields spiking like this and what are the implications? | Metals Mine

  • Why are bond yields spiking like this and what are the implications?

    From notayesmanseconomics.wordpress.com

    Today there is a clear economic topic and we have been on the case for a while now as it has built up. Although in general there has been media silence on the issue as they seem to be like our political class living in a world where interest-rates remain low. We can start in order time wise with Japan where we have been watching this develop. Japan’s 30–year bond yield has spiked to 3.10% – the highest level on record. A preview of what’s coming for the US if we don’t get our deficit/debt spiral under control. The chickens eventually come home to roost. ( Charlie Bilello) That was from August 21st and ... (full story)

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