Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin

More evidence why Bitcoin simply is best.

https://www.coindesk.com/record-negative-yielding-debt-bonds-bitcoin-analysts

Bitcoin’s long-term bullish case may have gotten another boost as the global stockpile of negative-yielding bonds hits a new high.

The value of the Global Negative-Yielding Debt Index from Bloomberg and Barclays is now at a record level of $17.05 trillion, surpassing the previous lifetime high of $17.04 trillion reached in 2019. The figure has more than doubled in the past eight months.

A negative-yielding bond offers less money at maturity than the original buying price. The sharp rise in volume is the result of the massive liquidity-boosting bond purchases by the U.S. Federal Reserve and other major central banks to contain the economic fallout from the coronavirus pandemic.

 

 

Expert Asked on November 16, 2020 in Bitcoin.
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