Quote:
Originally Posted by Walkabout
Before the possibility of bail-ins arising there is an increased chance of negative interest rates by the ECB ..
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Don't know if you're aware of this but this morning, Japan did it again!
Yep, Japan sold a ten-year government bond (JGB) on a negative average yield of -0.024%.
Anyone who bought a wedge of these bonds, and who holds onto them for the entire 10-year term, is absolutely guaranteed to lose money (in nominal terms, at least).
The world really is going crazy!
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