Just another day in Asia
- 20 year JGB to a record low yield, 0.145%
- 30 yr also, 0.215%
- 10 yr record low -0.185%
Returns like those ain't gonna buy you many watermelons
Meanwhile in China, the PBOC set the USD/CNY at its highest since January of 2011
In the major trading currencies, its not oberly busy, but EUR/US is back toward overnight lows, USD/CHF is ticking up a little. AUD/USD and NZD/USD on the soft side also.
GBP and Yen not doing overly much.