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A comment on Germany for First Time Sells 30-Year Bonds Offering Negative Yields. Parent comment
The true decision point isn't 0%. It's the rate for the risk/cost of holding cash.
BTW has there been any research toward what this rate actually is?
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The true decision point isn't 0%. It's the rate for the risk/cost of holding cash.
BTW has there been any research toward what this rate actually is?