Japan Yields All Drop Below 0.1% First Time in Global Bond Surge

  • Bond yields in Australia, U.K., Korea drop to all-time lows
  • Treasuries slip after yields approached record low last week

Japan’s benchmark bonds are now all yielding less than 0.1 percent for the first time, leading a global surge in sovereign debt, as the U.K.’s decision to leave the European Union threatened to slow growth and keep the Federal Reserve from raising interest rates.

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