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Recession fears: Now, bonds charge you for lending

Updated : August 22, 2019 11:07 AM IST

On Wednesday, for the first time ever, the German government sold 30-year bonds at a negative interest rate.
Worldwide debt with negative rates has surged to $16.4 trillion from $12.2 trillion in mid-July and $5.7 trillion in October.
The negative-yield phenomenon — 87 percent of it in Europe and Japan combined — is above all sign of pessimism about the future.
Recession fears: Now, bonds charge you for lending
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