Japan issues a 10 year government bond with a negative yield

The Japanese bond market had an historic day on Tuesday, selling 10-year bonds at a negative rate or yield. The news was the front page headline in the FT

Source: Japan issues a 10 year government bond with a negative yield | Economics | tutor2u

Speculators pay to lend to the Japanese government. Expectation that they will make a profit by selling the bond to the BoJ at some point in the future.

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