The Bank of England told banks to start preparing for negative interest rates, while saying that message shouldn’t be taken as a signal that the policy is imminent.
— Read on www.bloomberg.com/news/articles/2021-02-04/boe-tells-banks-to-start-preparing-for-negative-rates-if-needed
Tag: Negative Yields
Negative interest rates: What they are, how they work and whether they are coming to the U.S.
Negative interest rates, in the unlikely event that they become pervasive, would drastically alter the playing field for savers as well as borrowers.
— Read on finance.yahoo.com/news/negative-interest-rates-whether-coming-110012926.html
Cash Havens With $4.8 Trillion Fret Unthinkable Negative Returns
(Bloomberg) — Money-market mutual funds, the ultimate havens for investors looking to preserve capital, once again are trying to maneuver in a zero interest-rate environment. The problem this time? They’re sitting on twice as much cash.Assets in money-market funds have soared to a record $4.77 trillion
— Read on ca.finance.yahoo.com/news/cash-havens-4-8-trillion-100000528.html
Negative interest rates turn saving, borrowing upside down
FRANKFURT — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it’s the bank, not the saver, who collects interest.Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world where economic
— Read on ca.finance.yahoo.com/news/negative-interest-rates-turn-saving-160014230.html
5 Years Into Negative Rates, Europe’s Banks Feel the Pain
The European Central Bank first made its key interest rate negative in June 2014 to help fight the threat of deflation. It was meant to be temporary. Five years later, rates are even lower, and European bankers are asking what temporary means.
— Read on www.marketwatch.com/articles/5-years-into-negative-rates-europes-banks-feel-the-pain-51570831182
Negative Rates Are a Cash Cow for Denmark’s Mortgage Lenders
(Bloomberg) — In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there’s one corner of their business that’s raking in a lot more money.Low rates are driving record numbers of borrowers to seek cheaper mortgages, generating bumper fees for an industry
— Read on ca.finance.yahoo.com/news/negative-rates-cash-cow-denmark-040000894.html
Negative Interest Rates Threaten the Financial System
(Bloomberg Opinion) — Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely held in central banking circles these days, but it’s wrong. Negative
— Read on ca.finance.yahoo.com/news/negative-interest-rates-threaten-financial-090010984.html
US bonds: Key yield curve inverts further as 30-year hits record low
A key part of the U.S. yield curve inverted even further Wednesday morning, exacerbating fears of an impending recession.
— Read on www.cnbc.com/2019/08/28/us-bonds-key-yield-curve-inverts-further-as-30-year-hits-record-low.html
The 30-year Treasury yield is now yielding less than stocks
It might bode well for stocks as investors have few other options when it comes to finding long-term yields.
— Read on www.cnbc.com/2019/08/27/the-30-year-treasury-yield-is-now-yielding-less-than-stocks.html
Rich Savers Take Another Hit in Denmark as Negative Rates Spread – Bloomberg
A second Danish bank has targeted its richest depositors and announced it will impose negative interest rates on large retail accounts.
— Read on www.bloomberg.com/news/articles/2019-08-28/rich-savers-take-another-hit-in-denmark-as-negative-rates-spread