{"id":394747,"date":"2019-09-01T00:00:03","date_gmt":"2019-09-01T00:00:03","guid":{"rendered":"https:\/\/uniquehot.com\/?p=394747"},"modified":"2024-06-11T13:24:57","modified_gmt":"2024-06-11T13:24:57","slug":"bitcoin-need-accentuated-as-negative-yielding-debt-hits-17-trillion","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-need-accentuated-as-negative-yielding-debt-hits-17-trillion\/","title":{"rendered":"Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion"},"content":{"rendered":"

If you told economists twenty years ago about\u00a0Bitcoin<\/a>\u00a0(BTC) and negative-yielding debt, they would be shocked.<\/p>\n

In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract \u2014 quite abstract.\u00a0 Now, however, these two financial trends, which came to fruition mostly over the last decade, have become widely recognized.<\/p>\n

Related Reading: Bitcoin Becoming a Better Hedge as US National Debt Hits $22.5 Trillion<\/a><\/h6>\n

On Friday, Bloomberg reported<\/a> that the negative-yielding bond situation has just developed. Their report, which cites the Bloomberg Barclays Global-Aggregate bond index, shows that $17 trillion worth of bonds is negative-yielding.<\/p>\n

\n

#Bloomberg<\/a> re "unstoppable surge in negative yields."
Universe of negative-yielding bonds–once unthinkable (after all, who would pay rather than receive interest when
#lending<\/a> money)–reached $17 trillion at the end of August; and it's spreading its wingshttps:\/\/t.co\/B6IhuYwUZc<\/a> pic.twitter.com\/P44I7G5ZeV<\/a><\/p>\n

— Mohamed A. El-Erian (@elerianm) August 31, 2019<\/a><\/p><\/blockquote>\n