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Wednesday, 08/07/2019 9:30:19 AM

Wednesday, August 07, 2019 9:30:19 AM

Post# of 10657
$15 TRILLION NEGATIVE YIELDING GLOBAL BOND DEBT!

Financial World Gone Nuts: $15 TRILLION Negative Yielding Debt.”

by Wolf Richter • Aug 6, 2019.
12 countries with negative 10-year yields. A race to hell.”
( RECESSION WARNING? )
“Every day brings new indications that the financial world is going from already nuts to even nuttier. According to Bloomberg, the total amount of bonds outstanding globally that are trading with a negative yield exceed for the first time $15 trillion. This includes government and corporate debt, and also some euro junk bonds that have joined the elite group. Yes, there are still juicy yields out there, but you have to risk your first-born to get them, if you’ll ever get paid the interest or principal. For example, Zambia. The 10-year yield on its euro-denominated bonds is now over 31%. Moody’s rates Zambia’s government debt Caa2, just three tiny notches from default.” END QUOTE.
( BELOW BBB IS SPECULATIVE JUNK WITH MOST BEING CCC OR LOWER! )
https://wolfstreet.com/2019/08/06/financial-world-gone-nuts-15-trillion-negative-yielding-debt/

“Circulating in China’s Financial System: More Than $200 Billion in I.O.U.s - The New York Times.”
https://www.nytimes.com/2019/08/06/business/china-cash-commercial-acceptances.html?nytapp=true

Thank Goodness Yanglin CEO Shulin Liu has a Master’s Degree in Business Administration, huuuge demand & huuuger potential, & a super healthy wholesome NON-GMO conglomerate in more ways than one!
GO YANGLIN!!!!!!!!!
>>>>>>>>>>>>>>>>>>>

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