Hey, at least that’s a recovery from when the 20-year had a negative yield.
In Germany, bunds out to 5 years are negative, as they are in Japan.
business from foreign operations to ensure that shipments can reach stores in Canada, Europe and Asia, where the company will be reviewing bid proposals in coming weeks.
“This is the largest and most rapid deterioration of a retailer and maybe that any Chapter 11 has ever entertained,” he said.
Wayne, New Jersey-based Toys ‘R’ Us was already in the process of closing one-fifth of its stores as part of an attempt to emerge from one of the largest ever bankruptcies by a specialty retailer.