Japan, the world’s most heavily indebted nation, is now getting paid to borrow.
The Japanese government for the first time Tuesday issued benchmark 10-year bonds with negative yields, meaning it is effectively charging investors for the privilege of lending it money.
That is the result of the topsy-turvy world of negative interest rates, which Japan entered earlier this year, when the country’s central bank began to charge...
(Excerpt) Read more at: WSJ
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