US$13 trillion in bonds with negative yields

Business | 27 Dec 2019 9:23 am

Would you pay someone to lend money to them?

The practice has become more common around the world —  US$13 trillion in bonds globally had negative yields as of November, according to Deutsche Bank. Much of that total is from Japan, France and Germany, countries that account for nearly a quarter of all the world’s bonds.

This is  the result of shock-therapy by the European Central Bank and others to try to jolt their economies and inflation higher.-AP

 

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