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The U.S. Is on the Edge of the Global Negative Interest-Rate Club
If the economy stumbles, Federal Reserve cuts and bond buying may push bonds across the zero line.
25 Oct 2019, 01:38 AM IST
(Bloomberg Businessweek) -- Government bonds in Denmark, Germany, Japan, Sweden, and Switzerland carry negative yields—meaning it will cost money for investors to hold them to maturity. A big question for fixed-income markets in 2020 is whether it could happen in the U.S., too.
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