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Wednesday, August 7, 2019

A Race to Hell: Negatively Yielding Debt Tops $15 Trillion for First Time Ever

Negative yielding debt has exceeded $15 trillion globally for the first time ever. This pile of negatively yielding paper includes government and corporate bonds, along with some euro junk bonds. WolfStreet called it a “race to hell.” As the Financial Times put it last month, negative bond yields were once considered to be “economic lunacy.” Now they […]

from SchiffGold.com https://ift.tt/2yKobKA