News for hackers. Stuff that matters.

A comment on Germany for First Time Sells 30-Year Bonds Offering Negative Yields. Parent comment

Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by devoply on Wednesday August 21, 2019 @01:46PM (#20759485)
Because the interest rate will soon be less than the bonds. Negative interest rates coming down the pipe globally. Only way that I can see it getting justified.
[ Parent | on HN ]
Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by freeflight on Wednesday August 21, 2019 @01:53PM (#20759571)
The writing has been on the horizon for a while already [0]

[0] https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2283~2ccc0749...

[ Parent | on HN ]
Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by nemo44x on Wednesday August 21, 2019 @01:59PM (#20759646)
Not sure why this is downvoted but there's possible truth to this.

In addition, these bonds could in fact make you a lot of money in the short term if the interest rate for these bonds continue to get more negative.

[ Parent | on HN ]
Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by kgwgk on Wednesday August 21, 2019 @03:11PM (#20760515)
> Because the interest rate will soon be less than the bonds

What interest rate are you talking about? The interest rate for all the other maturities was already negative.

[ Parent | on HN ]