A requiem for negative government-bond yields
The era of cheap money may be ending, but investors will still reach for yield
AS INFLATION SURGES and central banks start to reverse the ultra-easy monetary policies that defined the past 14 years in financial markets, one of the starkest signs of the period of cheap money is fading away. The pool of negative-yielding bonds is evaporating.
This article appeared in the Finance & economics section of the print edition under the headline “Life above zero”
Finance & economics April 23rd 2022
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