Negative Yielding Arrives in Europe Credit

Date: 2019-08-14 07:47:46

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Aug.14 — Negative yielding corporate debt has come to Europe. Nestle has become the first company to have 10-year Euro bonds yielding below zero. It’s another blow to portfolio managers who look at corporate debt as an alternative to government bonds. Bloomberg’s Tasos Vossos reports on “Bloomberg Daybreak: Europe.”