A Pretty Picture for Some Big Bond ETFs

Related: Low U.S. Interest Rates Boost International Dividend ETFs

Japanese investors have hoarded a record $46 billion in U.S. Treasuries in March alone after yields on over 70% of local government bonds dipped below zero. Even accounting for a strengthening yen currency or weakening U.S. dollar, U.S. 10-year Treasuries have higher yields than the longest yen sovereign notes.

Yields on benchmark 10-year U.S. Treasuries are hovering around 1.71%. In contrast, yields on 30-year Japanese Government Bonds were at 0.34%, and the JGB 10-year note yields a negative 0.12%.

For more information on the fixed-income market, visit our bond ETFs category.

iShares 20+ Year Treasury Bond ETF

Tom Lydon’s clients own shares of TLT.