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The article discusses a rally in global bond prices around the world on March 9, 2015. The European Central Bank's program of quantitative easing helped push down yields on government securities in the euro zone, while relatively more attractive yields on U.S. Treasury securities attracted investors. Bond fund manager Andrew Wilmont said falling yields on investment-grade bonds were creating more buyers for high-yield securities.

The article discusses strong demand for Italian and Spanish government bonds in April 2014 that have driven their yields down to levels not seen in four years. Investors are said to be encouraged by a strengthening euro relative to the U.S. dollar, and a belief that the European Central Bank will not raise interest rates any time soon.

The article reports that the yields on eurozone sovereign debt fell in November of 2014 in response to the European Central Bank's (ECB) plans to purchase government bonds as part of a economic stimulus program.

The article deals with the decision of U.S. money-market funds to reduce their investments in banks in the euro zone and to shift their money to financial institutions in Norway, Sweden and Canada amidst the growing concerns over the sovereign debt crisis in the euro zone.

The article reports that the executive board of the European Central Bank (ECB) has recommended the bank purchase $58 billion worth of bonds each month for at least one year in an effort to boost the eurozone economy. Market reaction to the news was muted, suggesting investors had already anticipated the ECB's move. Economist Athanasios Orphanides said a one-year program of the magnitude proposed by the ECB would be grossly inadequate.

The article discusses the 2013 decline of the Japanese yen after the Bank of Japan's economic stimulus plan was implemented, and describes foreign and domestic investors pulling out of Japanese banks in favor of banks in Europe. European sovereign debt, the U.S. Federal Reserve's 2008 stimulus, and deflation in Japan since the late 1990s are discussed, and a chart is presented of government bond sales in countries such as Austria, Mexico, and Japan.