61. Traders also pointed out that as the benchmark bond yield has sunk, the spread between short- and long-term interest rates has shrunk as well. 62. Yesterday, the benchmark bond yield fell to a new low as comments by the Bank of Japan governor and a government report fueled pessimism about the economy. 63. Yesterday, the benchmark yield fell to a new low as comments by the Bank of Japan governor and a government report fueled pessimism about the economy. 64. The benchmark treasury bill yield has already been at pre-Asian crisis levels for some weeks. |