Killing Them Softly

(1) Bonds, stocks, and dollar relaxed about another rate hike. (2) NIRP’s gravitational pull on US bond yields. (3) Kuroda ready to do more “without hesitation.” (4) Fed officials are negative on NIRP. (5) NIRP isn’t stimulating credit-financed spending. (6) Negative interest rates force savers to save more. (7) Signs this is happening in US. (8) Is there an afterlife for life insurance companies? (9) Chopping heads to stay alive. (10) Public-sector pension funds are getting killed slowly, but surely.