PIMCO is ready to think about negative yields reaching the U.S.
- Thread starter ETJ
- Start date
It is great for borrowers like us: We borrow $100, sit on it for a year and at maturity, we keep $5, or we extend it another year and keep another $5. In 20 years we don't even have to pay anything back, just keep the money!
Give me Deutsche's phone #, I will call them and offer them a discount, I will only keep half of the negative interest rate.
Give me Deutsche's phone #, I will call them and offer them a discount, I will only keep half of the negative interest rate.