FYI: One of the basic assumptions of debt is that borrowers pay interest to lenders. That idea has been upended in the global bond market. There’s now about $13 trillion in negative-yielding bonds. Investors who hold them to maturity will end up getting less money than they paid for them, even including interest.
Market Value of Negative-Yielding Bonds in the Bloomberg Barclays Global-Aggregate Index
Regards,
Ted
https://www.bloomberg.com/graphics/2019-negative-yield-debt/