Fear and Loathing of Negative-Yield Debt: Bond Trader's Dilemma

  • Unprecedented period of sub-zero bond yields in Germany
  • Fewer and fewer alternatives remain for risk-averse investors

Negative Rates: Will They Really Help the Economy?

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It’s not as if Christoph Kind relishes putting his clients’ money into bonds that often pay nothing in interest and can all but guarantee losses.

But Kind is doing just that -- and he’s hardly the only one.