Negative Yields May Be A Result Of Market Structure, Not Central BanksRupert Hargreaves
Since the UK voted to leave the EU on June 23, government bond yields around the world have collapsed to new lows as central banks in Japan and Europe tried to stimulate moribund economies through bond-buying programs and negative-interest-rate policies.
On Tuesday of this week, yields on government bonds from Germany, the UK, the US, Switzerland, France, Denmark and Sweden fell to . . .
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