Daily Digest 6/8 - Germany Reaches Negative-Rate Milestone, NZ's Half-Trillion-Dollar Debt Bomb

• Puerto Rico Insurers Seek Talks to Avert Next Major Bond Default
• Gov. Rauner calls some Chicago schools ‘crumbling prisons
• Chicago Water District sells bonds as pensions cost it AAA grade
• China Forex Reserves Shrink, Renewing Capital-Flight Concerns
• Puerto Rico's air ambulance company ends service over debt
• China's massive piling-on of debt is reminiscent of the lead-up to the GFC
• NZ's half-trillion-dollar debt bomb 
• Germany reaches negative rate milestone
• Asia Bond Yields Hit Record Lows as Nomura Says Tide to Turn
• Draghi Smashes Corporate Yields to 1% Before a Bond Is Bought

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