A quarter of investment grade bonds now yield below zero
Thursday 08 Aug 2019 Author: Ian Conway
Bond yields are plummeting as investors pour money into this perceived lower risk asset. While low interest rates aren’t normally seen as a bad thing, it seems as though by continuing to push bond yields down markets are trying to tell the world’s central banks that they are deeply worried. Their concerns range from the outlook for growth, the US-China trade war, poor global purchasing managers’ index (PMI) readings...