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…