Central Bank ZIRP & NIRP Create, Sustain & Reward More Zombie Companies

Central bank policies of zero interest rate policy (ZIRP) and negative interest rate policy (NIRP) have had weird intended and unintended consequences for corporations including now over $1 trillion dollars in negative yielding corporate debt, which is is from only $20 billion dollars in January 2019.

Negative yielding corporate debt over $1 trillion now! Surge in corporate debt with negative yields poses risk ‘unlike anything’ investors have ever seen https://www.cnbc.com/2019/08/21/negat…