With the BoJ moving to negative policy rates in January, we now have five central banks offering negative rates on reserve deposits, making up more than 20% of the global economy, notes Nomura. Mixo Das and colleagues point out in their July 29 research piece titled “Life at negative rates” that bond yields are negative on almost $12 trillion of government debt, representing over a quarter of the total outstanding debt. Negative rates don’t imply higher valuations The Nomura analysts note that during and after the Global Financial Crisis in 2008, several monetary authorities adopted extremely loose policy settings. They point out…
Life At Negative Rates
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports