Over the past 90 days, rising economic and social risks linked to the Delta variant around the world have rattled investors and pushed them back into the safety of government-issued debt. … READ MORE >
negative-yielding debt
CHART OF THE DAY: Issuance of negative-yielding debt declines as global reflation takes hold
During the pandemic, issuance of negative-yielding debt jumped from a pandemic low of $7.6 trillion in March 2020 to a pandemic peak of $18.2 trillion in December as investors sought safety. But that risk aversion appears to be ebbing. … READ MORE >