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The best thing about plunging UK bond yields is that from now on, nobody can say U.S. low rates are just a function of the fact that we're an important superpower and that our currency is important, since obviously neither of those things apply to the UK
I wrote about this in the @Markets newsletter earlier this week, how the UK is debunking the idea that government debt is only safe in important countries like the US and Japan. Subscribe to it here link.mail.bloombergbusiness.com/join/4wm/marke… 
And be sure to sign up for the letter before today's goes out where I complain about German reporters at ECB press conferences link.mail.bloombergbusiness.com/join/4wm/marke…
In today's @Markets newsletter, I wrote about how, contra @tylercowen, if German savers don't like negative interest rates they should take it up with Angela Merkel, and not Mario Draghi link.mail.bloombergbusiness.com/join/4wm/marke…
Expired: German savers should be mad at the ECB.
Tired: German savers should be mad at Angela Merkel.
Wired: Wait, why of all people in Europe, are we spending time worrying about German savers?
Tired: German savers should be mad at Angela Merkel.
Wired: Wait, why of all people in Europe, are we spending time worrying about German savers?
