Re:Germany for First Time Sells 30-Year Bonds Offering Negat...
by jpadkins on Wednesday August 21, 2019 @02:40PM
(#20760174)
putting cash under your mattress has security costs. For < 1k euro, probably not worth calculating. But for > 1M euro, there is a real security cost to keeping that amount of cash safe for 30 years.
I may be totally wrong, but I think the floor on negative yields is going to be the security costs of keeping cash for that timeframe.
I may be totally wrong, but I think the floor on negative yields is going to be the security costs of keeping cash for that timeframe.