by Gerardo Del Real
It’s official, the world is going all-in on what everyone scoffed at just a couple years ago.
Fitch and Zero Hedge reported last week that, for the first time ever, negative-yielding government debt has risen above the $10 trillion mark.
One-third of all global government debt now has a negative yield.
The milestone is pressuring investors seeking yield, such as pension funds, into riskier assets in hopes of delivering any significant return on capital.