Thursday, July 14, 2016

Germany Sells Bonds With Negative Yield at Auction

When it comes to bond yields in Europe, it seems there is no such thing as too low.

Germany on Wednesday became the first country in the eurozone to sell 10-year debt with a negative yield at an auction, effectively ensuring that investors lose money over the life of the bond.

Read more... http://mobile.nytimes.com/2016/07/14/business/dealbook/germany-bonds-negative-yield.html?_r=0&referer=http://lnkd.in/