The Landscape of Negative-Yielding Debt

The transcript discusses President Trump's advocacy for negative interest rates in the US, comparing them to rates in Europe and Japan. It highlights the record high of negative yielding debt and its impact on global markets. The spread between US Treasurys and German Bunds is analyzed, showing a contraction that attracts foreign investors. The influence of global negative rates on US corporate debt is also examined, with Trump urging the Federal Reserve to lower rates further despite a stable economy and low inflation.

Discuss the concept of paying for the privilege of lending money. What does this mean in the context of negative interest rates?

What trends have been observed in the yield gap between US Treasurys and German bonds?