Search ForexCrunch

Zero-yielding store of value assets such as gold could continue attracting buyers in the near-term, as a significant number of euro investment-grade bonds are on track to begin the new year with negative yields. 

Bank of America puts that number at 42%, as noted by Jeroen Blokland, Portfolio Manager for the Robeco Multi-Asset funds. 

The global stockpile of negative-yielding bonds recently reached fresh record highs above $17.5 trillion. 

While coronavirus vaccines may become available in the next three to six months, major central banks are unlikely to halt monetary easing any time soon. As such, the stockpile of negative-yielding bonds could continue to rise.

Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.