Concerns over Brexit continue to send investors to the yen The yield on Japan’s 20-year government bond fell below zero for the first time ever today as investors flee the pound sterling and the euro in the wake of Brexit. The 30-year yield dropped as low as 0.015%, and the 10-year bond yield hit a record low of minus 0.275%.
Eyes of the World Should be on the BOJ As the markets tread into the ‘post-Brexit’-world after the UK voters cast in favor of the United Kingdom leaving the European Union, the chips are beginning to fall and countries half a world away are feeling the effects of the decision. There have been many financial market effects felt around Britain
Markets see the largest single-day selloff in history following the Brexit, currencies react The surprise decision by the United Kingdom to leave the European Union triggered the largest single-day selloff in history, according to Standard & Poor’s Dow Jones Indices. The Brexit vote was proceeded by a $2.08 trillion selloff, a sharper decline than even the one that followed the
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