Our Alice-in-Wonderland Bond Markets

Top companies can now get money that's not just cheap, not even just free, but which actually pays them for borrowing.

Curiouser and curiouser.

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We're in an Alice-in-Wonderland world of negative bond yields, with investors currently willing to pay for the privilege of lending money to governments. For a handful of top companies, this could be a once-in-a-lifetime opportunity to get money that's not just cheap, not even just free, but which actually pays them for borrowing.

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