The $25M Parisian Property the French Won't Buy

Europe's deepening debt crisis is changing the game of luxury house buying. The new 75 percent tax on high earneres in France means more homes are being snapped up by wealthy foreigners.

Japan’s 10-Year Goes Negative
20:25 - 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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