TOTALLY CRAZY! #Portugal 10y yield turns negative for the first time ever. The country’s debt to GDP ratio will rise to 137% this year.

Wow! Negative-yielding sovereign debt up another $273 billion, and approaching $18 trillion. If this doesn’t cure Covid, I don’t know what will. pic.twitter.com/6PMGtOBjZ3 — Randy Woodward (@TheBondFreak) December 9, 2020

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