A monthly trend on 5 yrs German bond yields hitting -1 for the first time this March. You dont see all those fine tops on eurusd:)
De05y seems to keep dropping somewhat more, forming a descending triangle?
Right now its already below zero. Who is buying German bonds with a negative return? Many assume German bonds to be a safe haven in covid crisis.
Seem like instability in EURUSD is bcs all short term German bond yields going ever deeper into the negative zone.
The big question is how far De05y can drop? -2 -3? I think there is a limit. Who would borrow to the government with -10 return? The trend might hover around 0 - -1.
De05y seems to keep dropping somewhat more, forming a descending triangle?
Right now its already below zero. Who is buying German bonds with a negative return? Many assume German bonds to be a safe haven in covid crisis.
Seem like instability in EURUSD is bcs all short term German bond yields going ever deeper into the negative zone.
The big question is how far De05y can drop? -2 -3? I think there is a limit. Who would borrow to the government with -10 return? The trend might hover around 0 - -1.