Switzerland’s 10-year note was yielding -0.124 percent Friday, while Japan’s two-year was at -0.119 percent. The U.S. has no negative-yielding debt.
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Thanks. I was wondering where all this negative yielding debt was at. I figure safety and exchange rates may make it an attractive investment for some.
Only in the same sense that minimal concentrations of cyanide are 'safe': they won't kill you at once.
If someone, or a lot of someones, are accepting negative yields on debt, clearly someone (or a lot of someones) is fearing some sort of catastrophe in the hear future.
Also, you should note that the Swiss, beginning in 1973, were the first to issue large amounts of negative-yield debt. Tell you anything, amigos?