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Yields on sovereign debt are already on the floor, after all.
Yields on sovereign debt of EU10 countries have moderated, stock markets have risen, and interbank spreads have narrowed.
TWO YEARS AGO yields on sovereign debt issued by countries in the euro zone suddenly became interesting for people other than bond traders.
Although the bond-buying scheme set up to fulfil that pledge has never been tested, yields on sovereign bonds have fallen.
Yields on sovereign debt issued within Indonesia, the Philippines and other Asian countries are significantly higher than yields on dollar-based bonds.
A shocking year for Spain, 2011 saw unemployment climb close to 23% and yields on sovereign debt break euro-era records.
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The yield on sovereign bond prices declined on Monday, continuing last week's trend.
And finally, international financing conditions remain very favorable for Latin America -- the average yield on sovereign debt is still about 250 basis points below its 16-year average.
In this classic example that illustrates clearly how growth isn't inflationary; real interest rates soared by 9 percentage points to yield a positive 7% return on sovereign debt!
2.59pm BST Troubled eurozone debt slides Yields on Spanish sovereign debt - about 4.83% - and Italian sovereign debt - 4.45% - are attracting chatter in the wake of the US jobs data, as well as the Bank of Japan spending spree, which has sent investors scurrying to European assets.
France, which has seen yields on its sovereign debt tumble as the euro crisis progressed, on Thursday auctioned about 7.84 billion euros of debt, with yields on all the bonds offered at record lows, the French treasury said.
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