Why bond yield can be negative?

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You may ask what kind of idiots will buy a government bond with negative yield?

It means you lend your money to government for a long locked period and pay them interest at the same time. Will you do this?

No, you won’t. But central bank will do cause they can print money and lend to government like a crazy without any cost.

That’s why bond yield can be negative. No surprise at all!

 

 

利率的本质

 

BF07CB7C-7636-4EA2-8EA7-78A3BDD5DF40.jpeg如果十年美債都接近零利率甚至負利率,新自由主義法幣資本主義還怎麼玩?

索性想要有工作,還要自己倒貼就最好了…

利率下降本質上就是資產價格相對勞動收益越來越高,和二三十年前比,現在打工就是倒貼…