Abstract
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, doing “opposite of all Earthly things”. They go to bed when the alarm clock rings. They eat only the peel of a banana. They earn degrees by failing subjects. And they invest in “bizarro bonds” that are “guaranteed to lose money”.
Today a bizarro bond is no longer comic-book fantasy. Now the governments of Austria, Denmark, Finland, France, Germany, Japan, Netherlands, Sweden and Switzerland are selling ten-year bonds with negative interest yields.
Today a bizarro bond is no longer comic-book fantasy. Now the governments of Austria, Denmark, Finland, France, Germany, Japan, Netherlands, Sweden and Switzerland are selling ten-year bonds with negative interest yields.
| Original language | English |
|---|---|
| Pages | 1-4 |
| Number of pages | 4 |
| Specialist publication | The Conversation |
| Publication status | Published - 11 Jul 2019 |