Economy 52,861 Posted September 2, 2014 Share Posted September 2, 2014 http://www.bloomberg.com/news/2014-08-06/treasuries-near-2014-s-high-as-ecb-seen-holding-rates-tomorrow.html Despite a gradually improving economy, interest rates for Government debt has actually been dropping the last 8 months. Ukraine crisis as well as speculation Central Banks will keep rates low for a while to help with recovery has prompted investors to keep buying bonds and pushing yields lower close to record lows. Some Countries have seen a considerable reversal: - US 10 year Bonds went from nearly 3.00% earlier this year to 2.35% now - Canada's 10 year bonds went from 2.70% 6 months ago to just 2.00% now - Germany is barely paying 1% on 10 year bonds - Dangerous Countries with high Debt like Portugal and Greece are paying little over 4.00% The high appetite investors have had for bonds has flooded Government with cheap cash to spend. Link to post Share on other sites More sharing options...
Azor Ahai 18,861 Posted September 2, 2014 Share Posted September 2, 2014 I'm so badass , my country is Dangerous :cool: Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 2, 2014 Author Share Posted September 2, 2014 I'm so badass , my country is Dangerous :cool: whats ur Country? Link to post Share on other sites More sharing options...
Azor Ahai 18,861 Posted September 2, 2014 Share Posted September 2, 2014 whats ur Country? Greece . The flop in debt chanteuse Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 2, 2014 Author Share Posted September 2, 2014 Greece . The flop in debt chanteuse my background is Portuguese and i lived there for some time so i feel you Now im in one of the most solid Countries ever (Canada). I went from 1 extreme to the other :haha: Link to post Share on other sites More sharing options...
South Blonde 6,363 Posted September 2, 2014 Share Posted September 2, 2014 I'm afraid to know about my country... Don't you think maybe they are the same thing? Love and attention? Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 2, 2014 Author Share Posted September 2, 2014 I'm afraid to know about my country... which is? Link to post Share on other sites More sharing options...
monsterdreams 1,529 Posted September 2, 2014 Share Posted September 2, 2014 That's great! I honestly have no idea what's going on in my country Haters gonna need more than a flashlight for my shade Link to post Share on other sites More sharing options...
South Blonde 6,363 Posted September 2, 2014 Share Posted September 2, 2014 which is? Italy Don't you think maybe they are the same thing? Love and attention? Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 2, 2014 Author Share Posted September 2, 2014 Italy rates have dropped in Italy as well... Although even with lower rates, Italy pays a lot in interest because of how high the debt is. Also the economy is bad. Italy officially slipped back into a mild recession just a few months ago as its economic output (GDP) shrank 2 quarters in a row (6 month period) it was a mild contraction though. 0.2% in one quarter and 0.1% in the other quarter Link to post Share on other sites More sharing options...
South Blonde 6,363 Posted September 2, 2014 Share Posted September 2, 2014 rates have dropped in Italy as well... Although even with lower rates, Italy pays a lot in interest because of how high the debt is. Also the economy is bad. Italy officially slipped back into a mild recession just a few months ago as its economic output (GDP) shrank 2 quarters in a row (6 month period) it was a mild contraction though. 0.2% in one quarter and 0.1% in the other quarter The economy is really bad, and it gets worse year after year... Don't you think maybe they are the same thing? Love and attention? Link to post Share on other sites More sharing options...
Paco 3,040 Posted September 2, 2014 Share Posted September 2, 2014 What about France? Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 2, 2014 Author Share Posted September 2, 2014 What about France? well the economy isnt so great. People talk about France as the Country with failed policies because at the beggining of the crisis it proved more resilient than most of the EU but now its failing in all kinds of ways Frances finances still arent too compromised tho. Relative to the size of the economy Frances debt is comperable to that of the United States... Interest rates are quite low for France because its a safer EU Country still than Spain, Portugal, Greece etc so some investors still put money into French Bonds. so thats one advantage France has Frances borrowing costs arent as low as Germany's but they are still quite low Link to post Share on other sites More sharing options...
Paco 3,040 Posted September 2, 2014 Share Posted September 2, 2014 well the economy isnt so great. People talk about France as the Country with failed policies because at the beggining of the crisis it proved more resilient than most of the EU but now its failing in all kinds of ways Frances finances still arent too compromised tho. Relative to teh size of the economy Frances debt is comperable to that of the United States... Interest rates are quite low for France because its a safer EU Country still than Spain, Portugal, Greece etc so some investors still put money into French Bonds. so thats one advantage France has Frances borrowing costs arent as low as Germany's but they are still quite low thx :ARTPOP: Link to post Share on other sites More sharing options...
Gagaloo911 12,959 Posted September 3, 2014 Share Posted September 3, 2014 And I get stuck having to pay 19.99% for my credit card Of course, I realize that is likely calculated differently than interest rates on debt but still.. Link to post Share on other sites More sharing options...
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