> I believe they make money if interest rates go down further into negative territory. <
I guess that’s true. A -0.11% bond would be worth more than a -1% bond. But who the heck would buy either bond, especially since these are 30 year bonds? Do investors really believe Germany will someday be issuing -1% bonds? I guess they do.
This world is getting just too crazy. I think I’ll ignore it and go back to watching “Leave It To Beaver”. I wonder what that scamp Eddie Haskell is up to. He’s probably trying to sell the Beav negative interest CDs from the Bank of Haskell.
That scamp Eddie Haskell is now in charge of the EPA. CAFE standards? That was Eddie’s idea!