Negative Interest Rates Spread To Mortgage Bonds.

"There are trillions of dollars of bonds in the world with negative yields – a fact with which future historians will find baffling.

Until now those negative yields have been limited to the safest types of bonds issued by governments and major corporations. But this week a new category of negative-yielding paper joined the party: mortgage-backed bonds."

[Could this be the result of the Lynnette Zang said yesterday regarding the IMF telling the Central Banks to no longer purchase ANY government bonds as they are too dangerous?]

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