Showing posts with label Tyler Durden. Show all posts
Showing posts with label Tyler Durden. Show all posts

Saturday, May 9, 2015

Zero Hedge: Americans Not In The Labor Force Rise To Record 93,194,000

By Tyler Durden, May 8, 2015, ZeroHedge.com

In what was an "unambiguously" unpleasant April jobs payrolls report, with a March revision dragging that month's job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy.


Wednesday, April 8, 2015

Swiss Government Becomes First Ever To Issue 10Y Debt At A Negative Yield

By Tyler Durden, Apr. 8, 2015, ZeroHedge.com

It had to happen sooner or later... in the new normal of yield-reaching, collateral-shortage-ing, money-printing economalypse, the Swiss government has become the first ever to issue a 10Y sovereign bond at a negative yield. As WSJ notes, while several European countries have sold government debt at negative yields up to five years of maturity - which means investors effectively pay for the privilege of buying it - no other country has previously stretched this out as long as 10 years. Mission Accomplished Central Bankers?

As The Wall Street Journal reports,

The Alpine country sold a total of 377.9 million Swiss francs (about $391 million) of bonds maturing in 2025 and 2049. On the 10-year slice, the yield was -0.055%, compared with 0.011% on its most recent similar bond two months ago.