July 2016: $12 Trillion in Negative Yielding Debt

Posted in James Bond Report
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Extract: Demand for safety since Britain voted to leave the European Union has dragged yields on more than half the euro area’s sovereign bonds to less than zero as investors prioritize the return of some of their money over earning income.

At the same time, the comparatively higher yields offered by U.S. and Canadian benchmark bonds continue to attract investors, sending yields on those issues even further into record low territory Wednesday.