Sovereign debt. Switzerland is the first country with negative interest rates across all terms
A new record has just been beaten: The Swiss Confederation is the first country to have negative interest rates on all debt maturities.
Switzerland may, from today, afford to “charge” negative interest rates on all debt maturities, including the obligations for 50 years.
The “plague” of negative interest rates continues to spread across the sovereign debt of several European countries, reaching levels until now never touched.
Markets remain alert to the multiple uncertain factors on the horizon, including this negative interests.
