One-third of eurozone bonds losing money

Article source
BBC

A third of bonds from eurozone states are losing investors money, the Bank for International Settlements says.

By the end of November, the stock of eurozone government bonds that carried negative yields had risen to more than €1.9 trillion (£1.36tn; $2.05tn).

The bond prices are so high that investors will not get their money back on maturity, and the interest rates are not high enough to make up for it.

The BIS blames the European Central Bank's recent comments.

It said that other major government bond markets, including Japan and the UK, had not gone down this path.

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