SWISS GOVERNMENT ISSUES
10-YEAR NEGATIVE YIELD BOND
The new 10-YR Swiss bond has an interest rate of -0.055%. So let me see if I understand this.... I am going to lend you money and pay you for the right to do so? That said, it is still a better deal than you'll get in a account since the Swiss National Bank cut the deposit rate to -0.75%.
For some reason I think the entire concept
is full of holes.
is full of holes.
