MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Lend to Switzerland for 42 years, pay THEM 8.2%. wait, what??
By jollyroger on Wed, 07/13/2016 - 6:59pm |URL:
http://mobile.nytimes.com/2016/07/14/business/dealbook/germany-bonds-negative-yield.html?referer=https://www.google.com/
- 2726 reads
Comments
by jollyroger on Wed, 07/13/2016 - 7:02pm
by jollyroger on Wed, 07/13/2016 - 7:13pm
Yep. World is starved for high quality government credits. More than $11 trillion in sovereigns pay negative interest rates. Not negative after inflation, but flat out nominally negative. The US should issue a 100 year bond now.
by Michael Maiello on Thu, 07/14/2016 - 8:23pm
Nobody is holding these for 42 years. Like all other finance stuff they hope to sell when the yield sinks even lower, and nominal price goes up, which might happen in a stock market collapse.
by NCD on Thu, 07/14/2016 - 8:47pm