negative interest rates – Benefits Canada.com

Morneau names Tiff Macklem new Bank of Canada governor

mschmit — Fri, 01 May 2020 09:41:02 +0000

Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, unprecedented responses to the economic crisis fuelled by the coronavirus. And he suggested that once the current crisis passes, a key focus for […]

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Are negative rates coming to Canada?

mschmit — Thu, 23 Jan 2020 04:51:49 +0000

There has been a lot of buzz about negative interest rates lately, as the idea that you would have to pay governments to borrow your money seems to turn the very foundation of finance on its head. But that is exactly what is happening right now for trillions of dollars in the world’s bond markets. […]

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Economic twilight zone: Bonds that charge you for lending

mschmit — Thu, 22 Aug 2019 02:45:37 +0000

Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you’ll lose. Sounds absurd, but increasingly that’s the global bond market these days. A rising share of government and corporate bonds are trading at negative interest yields⁠ — a […]

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