The Logic Behind the Bonds That Eat Your Money 

John Ainger | Bloomberg | Jul 24th, 2019
Category: Education

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.

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