Down, Down, Down: 10 Year Yields in Advanced Countries
June 18, 2019 at 10:55 AM EDT
Perusing the last issue of the Economist, I noted that among advanced economies, only Greece (180 bps), Spain (87 bps), Australia (133 bps), South Korea (112 bps) and Chile (108 bps) had larger declines in the ten year yields than the US (81 bps).