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Stand in line! What a great deal!

Posted by ipso facto @ 9:24 on April 8, 2015  

Swiss Government Becomes First Ever To Issue 10Y Debt At A Negative Yield

Tyler Durden’s pictureSubmitted by Tyler Durden on 04/08/2015 07:53 -0400

It had to happen sooner or later… in the new normal of yield-reaching, collateral-shortage-ing, money-printing economalypse, the Swiss government has become the first ever to issue a 10Y sovereign bond at a negative yield. As WSJ notes, while several European countries have sold government debt at negative yields up to five years of maturity – which means investors effectively pay for the privilege of buying it – no other country has previously stretched this out as long as 10 years. Mission Accomplished Central Bankers?

more http://www.zerohedge.com/news/2015-04-08/swiss-government-becomes-first-ever-issue-10y-debt-negative-yield

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.