European Central Bank owns 10% of all European corporate debt
https://photos.app.goo.gl/TaBW4kW73LcUjG3m9
The European Central Bank owns 10% of all European corporate debt and, like Icarus's son who flew too high and therefore too close to the sun, it crashed. Are bond markets also heading for a fall....? Continual quantative easing being pumped in the markets has forced interest rates down and bonds up, up, up, causing companies to now earn minus interest rates i.e. pay to leave money in the bank https://fortune.com/2020/01/24/negative-interest-rates-europe-lagarde/. So, investors are starting to look for alternative investments that are not correlated to equities and bonds, such as Digital...
https://photos.app.goo.gl/TaBW4kW73LcUjG3m9
The European Central Bank owns 10% of all European corporate debt and, like Icarus's son who flew too high and therefore too close to the sun, it crashed. Are bond markets also heading for a fall....? Continual quantative easing being pumped in the markets has forced interest rates down and bonds up, up, up, causing companies to now earn minus interest rates i.e. pay to leave money in the bank https://fortune.com/2020/01/24/negative-interest-rates-europe-lagarde/. So, investors are starting to look for alternative investments that are not correlated to equities and bonds, such as Digital...