This is a really bad articles. The short term rates are not driving this. They don't drive long term rates because be short term rates are largely driven by tec

This is a really bad articles. The short term rates are not driving this. They don't drive long term rates because be short term rates are largely driven by technical considerations (eg the recent fed interventions in the overnight markets because of liquidity issues). I spoke to someone about this a while ago. These loans are often required by the government to message certain targets, and are meet positive for the banks because of other regulatory issues that may exist. These negative rates home loans wouldn't exist without some regulation various regulation and government incentives.