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Negative Yielding Arrives in Europe Credit

Bloomberg
Bloomberg
last month|27.3K views
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.”