Coronavirus fears spark investor rush for government bonds

Financial Times/ Tommy Stubbington/1-28-2020

“A rally has swept through bond markets this month, expanding the global tally of negative-yielding debt to more than $13tn and confounding investors who had bet on higher yields.”

USAGOLD note:  There is a correlation developing between gold and the rise of negative-yielding debt as displayed in the World Gold Council chart immediately below.

Overlay chart - negative yielding debt and the price of gold

Chart courtesy of the World Gold Council

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