cx3
4-8-15, 10:45am
http://www.zerohedge.com/news/2015-04-08/swiss-government-becomes-first-ever-issue-10y-debt-negative-yield
This may be a difficult situation for some to understand. Why would anyone buy a negative Swiss note when,for instance, the US is paying around 1.92% for a 10 year.The comments under this article may be helpful although the language sometimes is NSFW.
Basically, the world economy as we know it is in serious trouble.
P.S.- I know my PF posts are usually negative. I'm not a fear monger. I just believe that an unconventional viewpoint can be helpful at times.If I offend let me know and I'll stop posting.
This may be a difficult situation for some to understand. Why would anyone buy a negative Swiss note when,for instance, the US is paying around 1.92% for a 10 year.The comments under this article may be helpful although the language sometimes is NSFW.
Basically, the world economy as we know it is in serious trouble.
P.S.- I know my PF posts are usually negative. I'm not a fear monger. I just believe that an unconventional viewpoint can be helpful at times.If I offend let me know and I'll stop posting.