A Negative What?
Below is a synopsis of this investment report:
- Late last week, Japan introduced negative interest rates on a portion of deposits held at their central bank.
- A negative interest rate was considered inconceivable a decade ago, but today, close to 25% of global government debt outstanding is yielding in the red.
- The pervasiveness of negative interest rates across the world has made government bonds a less suitable option for income-seeking investors.
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