below@zero.bound
Yes, finance has been witnessing a whole new world order at below the lower bound with more number of bonds now throwing negative yields and the ‘interesting’ part is that they are actually selling, meaning that there are buyers and investors who are buying them. Years together we have been hearing economists on the right side of the zero arguing about the thresholds of the bound. However, we can now believe that yields can still go freewheeling much below or to the left of the zero. Finance thus opens up to another act, this time to the left of the zero on the number line.







