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>There's literally trillions of dollars of debt yielding below zero. There's entire currency yield curves that are under zero. That's right, not just the short
by sjg007 7y ago
>There's literally trillions of dollars of debt yielding below zero. There's entire currency yield curves that are under zero. That's right, not just the short terms like a year or two. But decades out.
Can you provide a citation or a more detailed explanation?
- phyalow 7y agoHere you go: https://www.reuters.com/article/switzerland-bonds/swiss-50-yr-yield-falls-below-0-entire-swiss-curve-now-negative-idUSL8N24Q31B https://www.reuters.com/article/switzerland-bonds/swiss-50-y...
- Excel_Wizard 7y agoEuro bond rates are below 0 nominal for maturities up to 15 years: https://www.ecb.europa.eu/stats/financial_markets_and_interest_rates/euro_area_yield_curves/html/index.en.html https://www.ecb.europa.eu/stats/financial_markets_and_intere... I don't have data on the quantities of these bonds outstanding, but trillions is almost certain. There are many other bonds that are still above 0 yield nominal, but which are below 0 real yield due to inflation.
- blevin 7y agoBarclays Global Agg bond index includes $13T USD of negative yield bonds. And Swiss bonds have negative yields out to 50 years.
- overkalix 7y agoNot OP, but: https://www.bloomberg.com/graphics/2019-negative-yield-debt/ https://www.bloomberg.com/graphics/2019-negative-yield-debt/