Friday, 12 July 2019

The Queen Does Not Tolerate Negative Interest Rates

Central Bank Rates and 10-Year yields in Britain and the Commonwealth appear to be immune to the negative interest plague.

All former British Colonies' interest rates are greater than or equal to 0.71%.

Fair to say the Queen isn't sold on the virtues of Negative Interest Rate Policy.

Central Bank Rates in Britain and the Commonwealth States (Australia, Canada, New Zealand) Trailing 20 Years (%)

10-Year Yields, 2005-2019 (%)

The $12 Trillion or so in negative sovereign bond yields is so far restricted to the EU and Japan.