How low yield beat high yield: Japan vs Australia 2000-2009 By quantofasiaDecember 9, 2009January 9, 2019Charts Here is a chart showing the counterintuitive decade when “low yield beat high yield”, that is, low-yielding Japanese Government Bonds (JGBs) with a starting yield of 1.2% outperformed Australian government bonds with a much higher yield over 5%. Share this:TwitterLinkedInFacebookWhatsAppRedditLike this:Like Loading... Related