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sokoloffyesterday at 7:09 PM1 replyview on HN

That doesn't the answer the question of "who is buying these bonds instead of US Treasuries?"


Replies

d4ngyesterday at 7:14 PM

Someone who is betting that the negative yield changes favourably. The bet is the same in positive yield regimes as well. This could happen due to a combination of deflation forecasts increasing and expectations of interest rates being lowered even further.