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Fri Jul 12

'Guaranteed to lose money': welcome to the bizarro world of negative interest rates

Written by John Hawkins, Assistant professor, University of Canberra

In DC Comics' world of opposites, a bizarro bond is "guaranteed to lose money". Today a bizarro bond is not just a fantasy.www.shutterstock.com

In 1960 DC Comics introduced the “Bizarro” planet of “Htrae”. Created with a duplicating ray, the planet’s inhabitants are all imperfect versions of Superman and Lois Lane,...

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