Over the past few months Germany, Switzerland and the US have sold bonds with negative yields, meaning that investors are in effect paying those countries to safeguard their capital.
Yesterday the sub-zero club admitted a fourth member:
France sells bonds at negative interest rate
PARIS – France’s government has sold short-term bonds at negative interest rates for the first time, a sign of investor confidence despite concerns about French debts and the wider eurozone.
DollarCollapse.com is managed by John Rubino, co-author, with GoldMoney’s James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007),…