Gavekal Capital: Widowmakers Lurking In Europe?

Tuesday, July 29, 2014

Widowmakers Lurking In Europe?

Yesterday, we noted the continued decline in Japanese government bond yields (here).  Not to be outdone, yields in Europe continue to make record lows:


And, while the ten-year has fallen more than 27% so far this year in Japan, yields in Europe's largest economies are down 35-40% over the same time period: