A 100-Year Bond at Less Than 1%? It’s No Big Deal

(Bloomberg Opinion) — Nothing says it’s cheap to borrow quite like a 100-year bond with a yield of 0.88%. Austria returned to the century-bond club on Wednesday with a new 2 billion-euro ($2.3 billion) debt issue on its most favorable terms yet.It’s the clearest example of how the European Central Bank
— Read on ca.finance.yahoo.com/news/100-bond-less-1-no-090729186.html