Co-authored by William Witenberg a contemporary artist focused on abstract painting
It is hard to believe but bonds issued by the governments of Austria, Switzerland, Denmark and Germany are offering negative yields. This means that at the maturity of the bond an investor will receive less than invested. These bonds guarantee, in effect, investors lose money if they invest in them. They are the boldest symbol of the European Union’s most troubling time and some argue they are the canary in the proverbial coal mine.
This odd, black swan market is caused by a variety of factors and is likely …read more
Source: The Huffington Post
