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One of the most popular trades in the world is no longer profitable
 

One of the most popular trades in the world is no longer profitable

One of the most popular trades in the world is no longer profitable Alain Riazuelo of the French National Research Agency, via WikipediaWe're living in a world of negative interest rates. Central banks from Japan to Switzerland have implemented negative rates in a bid to catalyze economic growth, sending investors scurrying to find yield elsewhere. One popular destination for these investors has been the US — in particular, the US Treasury market. In a note out August 22, George Saravelos at Deutsche Bank took a look at foreign investors buying US bonds... read more

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