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Gross says $10 trillion of zero, negative-yield bonds drag global GDP
Gross says $10 trillion of zero, negative-yield bonds drag global GDP
NEW YORK (Reuters) - **ted bond investor Bill Gross of Janus Capital Group Inc said Wednesday that with yields at near zero and negative on $10 trillion of global government credit, the contribution of money velocity to GDP growth is coming to an end and may even be creating negative growth.http://feeds.feedburner.com/~ff/reut...?d=yIl2AUoC8zA http://feeds.feedburner.com/~ff/reut...FM:F7zBnMyn0Lo http://feeds.feedburner.com/~ff/reut...FM:V_sGLiPBpWU http://feeds.feedburner.com/~r/reute...~4/f_neUu_1i6c |
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