As the Global economy slows down, weaker job report pushes back rate hike expectations from U.S. Federal Reserve, and major central banks continue to ease, global yields are continuing their relentless journey towards fresh bottoms.
In past five years, 10-year yield in U.S has declined 43.54 percent, 61.45 percent in the UK, 98.75 percent in Germany, 111 percent in Japan, and 127.7 percent in Switzerland.
Question is - how low can they go?