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Who Is Crazy Enough To Buy Bonds With Negative Yields? Hopefully Your Bond Manager
Who Is Crazy Enough To Buy Bonds With Negative Yields? Hopefully Your Bond Manager Garth FriesenContributor Investing
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In a world with $7 trillion of government bonds that yield negative interest rates, one question still puzzles investors: who in their right mind is buying them? Why don’t investors buy higher-yielding US government bonds instead? The answer lies in the understanding of the mysterious “basis swap.”
