Question of the Day: When Was the Last Time the Yield on German 10-Year Bonds Went Negative?

by Mike ‘Mish’ Shedlock
Mish Talk

Think back. Many Mish readers been trading for 10 or 20 years. A few have been trading for 30 or more years. What was it like the last time German 10-year bond yields went negative?

That is sort of a trick question. Most likely you were not alive, no matter how old you are.

As translated from Spanish, my friend Guru Huky posted the answer on his blog today: And the last time the German bond stood negative was …. surprise surprise.

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