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Chart of the Day: Negative sovereign bond universe

Back in July 2015, the net outstanding amount of sovereign bonds trading in negative yield was about $4 trillion. Within a year that amount surpassed $10 trillion. But the recent selloffs in the bond market that started …

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Chart of the Day: Negative sovereign bond universe
Chart courtesy - ECB

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Back in July 2015, the net outstanding amount of sovereign bonds trading in negative yield was about $4 trillion. Within a year that amount surpassed $10 trillion. But the recent selloffs in the bond market that started about mid of the year has reduced the amount by 20 percent. 

If the selloffs continue, investors would be sitting on billions of dollars mark to market loss in their portfolios.

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