BIS’s Borio warns of ‘troubling’ negative yields

claudio-borio-2-16
Claudio Borio: “A growing number of investors are paying for the privilege of parting with their money”

The Bank for International Settlements’ Claudio Borio has described the growing prevalence of negative-yielding debt as “vaguely troubling”, as the institution looks back on a turbulent quarter.

Borio, who heads the BIS’s monetary and economic department, noted negative-yielding debt hit new highs during the quarter – a peak of $17 trillion, according to some estimates. Some households could even borrow at negative rates.

“A growing number of investors are paying for the privilege of parting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: