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Troubling new low develops as this crucial market accelerates to the downside.

Eurodollar University

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The Long Term Japanese Government Bond Yields

The trajectory and pattern in Japanese government bonds tells us something important about where we're going. It's very consistent with the overall increasingly globally synchronized story. The bigger factor, however, dollar swap costs are so incredibly low because Japan has been in a depression for a long time. If you're interested in owning a government bond and a 30 year Japanese government bond yields you 1.5%, why wouldn't you want a 30 year US Treasury yielding 4%.

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