Coutts: Bund yields’ disappearing act & The paradox of the ‘high-yielding’ yen

Bund yields’ disappearing act Ten-year German government bond yields are inching closer to zero, and may well hit that previously unthinkable mark. But as bunds keep resetting the definition of ‘low-paying assets’, we prefer the higher risk-adjusted return potential of peripheral eurozone debt. European Central Bank (ECB) bond-buying and fears…