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Friday, March 29, 2024

NIRP In One Picture: €400 Billion In European Government Debt Currently Has Negative Yields

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

From Bank of America:

“The chart shows that around €400bn of Eurozone government debt and bills in our bond indices currently have negative yields…. In the topsy-turvy world of negative rates in Europe, it will seem as if credit is becoming the new government debt in places.”

This number is only set to grow as Europe discovers it is Japan.

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