Market Watch:
The concept of a negative interest rate is one that would be considered unthinkable just aew years ago. Yet today, around a third of global government debt offers a negative yield. The consequences are widespread. Financial textbooks are being rewritten, companies are asking vendors to postpone payment, and banks are even rewriting software code.
1. What is a negative interest rate?
2. Why would a central bank pursue a negative interest rate strategy?
3. Why would any rational investor accept a negative yield?
4. What are the implications for retirees?
5. Should retirees be worried?