Once-toxic Greek debt is now in high demand as global recession fears mount

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Are you people out of your damned minds? Greek debt at negative rates?


When rates are negative, they don’t really have a choice. And if you expect little to no inflation, 5 year bonds with 0 coupon seems like a stable place to put your savings at least until the worst of the uncertainty is gone. They won’t make any money if they sit on them, but I’m fairly sure that the ECB guarantee is strong, so you won’t risk much in case of a bank crash. The problem seems to me, that these negative rates are just pushing for more demand for bonds.


Is tourism the main business of Greece?


Europeans are terrible at investing