Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Fitch Slapped: Nifty 9.5% Dividend is Discounted, Ready to Rise By: Contrarian Outlook August 09, 2023 at 05:00 AM EDT Everyone hates bonds right now. Perfect—let’s buy this nifty 9.5% payer while it’s discounted! Why the sale? A bearish narrative, of course. In 2023, we have a narrative for everything , after all. Last week, the Bank of Japan (BOJ) announced it is softening “yield control” efforts for 10-year Japanese government bonds (JGBs). Inflation is finally picking up in Japan, and the BOJ is still printing money to buy JGBs. Ironic? Yes . But the BOJ, the money-printing addict, is finally admitting it has a problem. We can think of this as step two of a potential multi-step inflation recovery effort.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Fitch Slapped: Nifty 9.5% Dividend is Discounted, Ready to Rise By: Contrarian Outlook August 09, 2023 at 05:00 AM EDT Everyone hates bonds right now. Perfect—let’s buy this nifty 9.5% payer while it’s discounted! Why the sale? A bearish narrative, of course. In 2023, we have a narrative for everything , after all. Last week, the Bank of Japan (BOJ) announced it is softening “yield control” efforts for 10-year Japanese government bonds (JGBs). Inflation is finally picking up in Japan, and the BOJ is still printing money to buy JGBs. Ironic? Yes . But the BOJ, the money-printing addict, is finally admitting it has a problem. We can think of this as step two of a potential multi-step inflation recovery effort.… Read more Read More >>