Click here to get this article in PDF
Bloomberg/Cormac Mullen and John Ainger/12-10-2020
“Despite optimism about a global economic recovery next year sparking a rush to riskier assets like stocks and corporate debt, continued monetary support from central banks and concern about the relentless spread of the coronavirus has maintained investor interest in sovereign bonds. The rise in negative-yielding debt since March has coincided with a broadly weaker dollar.”
USAGOLD note: As this World Gold Council chart shows, there is a direct correlation between rising global negative-yielding debt and the gold price.
Chart courtesy of the World Gold Council
The post Global negative yield debt hits record trillion first appeared on Today’s top gold news and opinion.