What In The World? Now Even Danish Mortgage Bonds Trading At Negative Yields

At the biggest mortgage bank in the world’s largest covered-bond market, a banker took a few steps away from his desk this week to make sure his eyes weren’t deceiving him.As mortgage-bond refinancing auctions came to a close in Denmark, it was clear that homeowners in the country were about to get negative interest rates on their loans for all maturities through to five years, representing multiple all-time lows for borrowing costs.

 

 

 

 

 

 

https://www.dollarcollapse.com/negative-yield-mortgage-backed-bonds/