Journal Article
How low can you go? negative interest rates and investors’ flight to safety
Abstract: It is not uncommon to observe negative interest rates during uncertain times, when investors flee to safety. But the existence of negative market yields provides no support for policies in which central banks set negative interest rates on deposits held at a central bank.
Keywords: Interest rates; Investments;
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2013
Issue: Jan