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(Moins que) zéro pointéTaux d'intérêts négatifs : quand la réalité produit l'exact inverse du krach obligataire redouté depuis des années (et l'erreur gravissime de diagnostic que cela révèle)
En Allemagne, au Japon ou en Suisse, les taux d'emprunts à 10 ans sont désormais négatifs. Alors qu'une partie conséquente des experts et de nos élites craignaient un crash obligataire, la réalité est simple : la BCE n'était pas trop accommodante, mais trop restrictive.
20 juin 2016