4 ms·
There are many factors of the global economy that determine the market-determined yield at a given time. The only way a country being "good with money" is in co
by drjesusphd 8y ago
There are many factors of the global economy that determine the market-determined yield at a given time. The only way a country being "good with money" is in comparison to the yield of other central banks at the same time.
I don't have the data, but if Germany's yield followed a similar trend down then up, but remained below the US throughout, then the hypothesis holds.
- RobertoG 8y agoThe elephant in the room in this kind of reasoning is Japan. Japan shows that the narrative of "good country" vs. "bad country" and interest rates beyond the control of the Central Bank have little to do with reality.
- kgwgk 8y agoFor reference, German yield was around 1.5%, 0% and 0.25% on those dates (vs 3%, 1.5% and 3% for the US).