Fink: We Need to Make Sure Longevity Is a Blessing

Oct. 15 (Bloomberg) -- Honeywell CEO David Cote, UPS CEO Scott Davis, BlackRock CEO Larry Fink, Former U.S. Treasury Secretary Larry Summers and Nasdaq OMX CEO Bob Greifeld take a look at the economy, housing and global debt. They speak on Bloomberg Television's "Street Smart CEO Summit: Debt." (Source: Bloomberg)

Japan’s 10-Year Goes Negative
28:13 - The yield on Japan’s benchmark 10-year government bonds fell below zero for the first time, an unprecedented level for a Group-of-Seven economy, as global financial turmoil and the Bank of Japan’s adoption of negative interest rates drive demand for the notes. The 10-year yield has tumbled from 0.22 percent before the BOJ surprised markets with the decision on Jan. 29 to introduce a minus 0.1 percent rate on some of the reserves financial institutions park at the central bank. Berenberg Chief Economist Holger Schmieding discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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