1257 days ago • Posted by Charles-Henry Monchau
The market value of Global Negative Yielding Debt rose to $17.05 trillion, the highest level ever recorded
The world’s stockpile of negative-yielding debt has swelled to a record in the wake of the U.S. election, as investors lower expectations for a fiscal splurge and turn their focus back to monetary support. Almost $600 billion of bonds have seen their yields turn negative last week, meaning 26% of the world’s investment-grade debt is now sub-zero. Thanks to the slew of global issuance in 2020 as governments and companies wrestle with the impact of the coronavirus, that remains below 30% peak reached last year...(source: Bloomberg)
