Negative Yields

"Negative, negative!"
--Lt Chris Burnett (Behind Enemy Lines)

Graph showing fraction of all investment grade debt worldwide sporting negative yield. Currently, about 20% of total...

One Fifth of the Global Investment Grade Bond Market Is Now In Negative Yield Territory.

This is a very dangerous sign of the effects of financial repression in disguising risk. pic.twitter.com/z9YZKlOVDY

— Daniel Lacalle (@dlacalle_IA) April 16, 2019

Negative yielding debt is a phenomenon of interventionary, rather than free market, forces.