The UK just sold its first ever negative-yielding government bond
The U.K. government’s treasury building
Matthew Lloyd | Bloomberg | Getty Images
The U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations of further bond buying action from central banks.
In an auction Wednesday, the country’s Debt Management Office said it sold £3.8 billion ($4.66 billion) worth of…
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