Loading…

Two-year Japanese government bonds yield minus 0.26 percent, but asset swaps can repackage them into floating-rate notes yielding about 30 basis points above LIBOR. The Reuters piece describes this as a way to gain yield from JGBs.
This is a fixed-income structuring story with no direct effect on feed supply, demand or prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.