International Long Term Government Bond Rates

Given the sharp moves we've seen in the US Treasury market over the last several days, we updated our trading range charts of major international 10-year government bond yields.  In each chart the blue shading represents 2 standard deviations above and below the yield's 50-day moving average. 

As shown below, the sharp declines have not been confined to just the US.  In five of the six countries/regions highlighted, yields have fallen sharply over the last two weeks. The only country without a sharp decline is Japan, but with yields already sporting a "one handle," rates there can't get much lower.

  

  

  

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Comments

[Tom Chechatka]

It appears there is a great deal of conviction in the breakdown of the global financial system. So, now that the world's lenders of last resort have all the dough, I guess it is time to start looking for the action to really heat up and get very, very nasty. Pity. All we really have to do is send the global financial system through a bankruptcy reorganization, but what a waste of marketing prowess this would make of a vast media infrastructure whose beneficiaries would be "better served" lathering up competing rivals, and pushing them to war...