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