Bonds used to be risk-free returns: now they’re return-free risk
Mario Draghi is playing his cards close to his chest over quantitative easing, leaving investors scratching their heads over where to put their money
Last week, the yield on two-year German bonds fell to minus 0.11 per cent. Such a yield means that, instead of investors putting their money safely in bonds and earning a modest return, they were willing to lose 0.11 per cent of their capital – essentially, paying a fee to the German government – simply to ensure they didn’t lose any more.
At the same time, the eurozone slipped into deflation, with prices on ordinary...
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Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
The business news you might have missed, all in one place
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures