The Fed has different priorities than the ECB, the Bank of Japan, the Swiss National Bank, et al.
The 10-year Treasury yield rips. Unstoppable negative yields become stoppable.
How to make a mess in the era of low demand.
Now they’re clamoring for this NIRP absurdity in the US. How will this end?
Now they’re clamoring for the NIRP absurdity in the US. How will this end?
12 countries with negative 10-year yields. A race to hell.
Spain’s Big Five banks (already down from the Big Six) could soon be four.
NIRP is systematically rotting out basic brain functionality.
Draghi’s shenanigans get hilarious, just months before his term ends.
The benefit of NIRP: There’s hell to pay – even the ECB admits it.