UK sells negative yield bonds for first time amid interest rate debate - Business Insider

People wearing masks walk past the Bank of England, as the spread of the coronavirus disease continues, in London, Britain, March 23, 2020.The UK offered negative-yield bonds for the first time ever on Wednesday, ushering in a new market precedent as the debate around below-zero UK interest rates intensifies.Bank of England Governor Andrew Bailey has ruled out negative rates, but other policymakers have suggested an openness to the policy.

When interest rates fall, bond prices rise and their yields tumble. Those holding negative-yield bonds stand to win big if the central bank suggests an openness to below-zero rates.John Fedro quit his job and got involved in real estate with barely any money. He breaks down his low-cost approach to mobile-home investing, which allows him to live comfortably on passive income.

Investors are also pricing in a move to negative rates. Interest-rate swaps currently imply below-zero interest rates before the end of the year, according toWednesday's sale follows new data revealing the coronavirus' economic toll. UK consumer price inflation plunged to 0.8% in April, according to data released Wednesday, well below the central bank's 2% target. The gloomy data release could fuel new calls for additional policy to pad against a recession.

Omen

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PHOTOS: Look inside a pre-Revolutionary war mansion in Charleston - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Robotics startup Zume is now selling masks amid the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I don’t see the synergy between pizza, robots, and face masks. Zume should have focused on its robotic solutions and expand them into healthcare, manufacturing, and technology. This company needs to take a step back and determine where is it exactly headed. Marketing Business
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook is adding 'Shops' to let businesses sell products through the social network - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow.... Here we go SeunKOlajide Nobody needs Facebook! Don’t they already have a market place for that?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Abbott's rapid coronavirus test accuracy, false negatives - Business InsiderRecent studies show the coronavirus test used at the White House is telling people they don't have the virus when they really do. A top scientist at test-maker Abbott shares what the studies are getting wrong. Wow
Source: BusinessInsider - 🏆 729. / 51 Read more »