Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

The Opposite Of A Sovereign Debt Crisis Is Happening This Morning

Joe WeisenthalApr 5, 2013, 16:52 IST

AP ImagesFrom Dave Lutz at Stifel, Nicolaus comes this nugget:

Japanese, France, Belgium, Netherlands and Austria 10-yr bond yields hit fresh record lows.

Meanwhile, the German 10-year yield is down to 1.23%.

For all the talk about government debt, the real story is that the world is having a hard time rotating out of it, and are still flocking to it at any hint of market trouble.

Bigger picture: It's a risk off day day in Europe and Asia and for US futures.