Japan's Negative-Yield Bonds Return More Than Double Treasuries
- Japan bonds gain 5.8% in six months, versus for 2.2% for U.S.
- Fed officals suggest they're closer to raising interest rates
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Negative yields are proving to be no deterrent to investors in Japan’s bonds.
The nation’s government debt has returned 5.8 percent in the past six months, the most of 26 sovereign debt markets tracked by Bloomberg. Treasuries gained 2.2 percent. Trading in U.S. government securities is scheduled to close at 2 p.m. New York time and stay shut worldwide for the Good Friday holiday, according to the Securities Industry and Financial Markets Association.