Central Banks and Global Growth

Yields on $7.8 trillion of government bonds have been driven below zero by worries over global growth, meaning money managers looking for income are pouring into debt with maturities of as long as 100 years. Central banks’ policy is exacerbating matters, as the unprecedented debt purchases to spur their economies have soaked up supply and left would-be buyers with few options. BlackRock Deputy CIO of Fixed Income Scott Thiel discusses what it means for Japanese bondholders with Bloomberg's Francine Lacqua on "The Pulse."

Full Show: Bloomberg Daybreak: Americas (09/20)
02:35 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Stephen Ross, chairman at Related Companies, John Ryding, chief economist at RDQ Economics, and James Sweeney, chief economist at Credit Suisse AG. (Source: Bloomberg)
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