Can Negative Yields Occur in America? - March 9th, 2020
Can Negative Yields Occur in America?
• Negative interest rates permeate the modern global financial system with over $14 trillion in outstanding debt that trade at a negative yield
• The ongoing coronavirus pandemic and associated market fallout has sent domestic yields plummeting to all-time lows
• In this piece we discuss the outlook for negative interest rates in the United States and make the case that we may not be immune