‘There is no barrier for U.S. Treasury yields going below zero. Zero has no meaning, beside being a certain level.’
There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero world. Continue reading “Ex-Fed boss Greenspan says ‘there is no barrier’ to Treasury yields falling below zero”

