Chart: Near Half of Non-USA Corporate Investment Grade Bonds are Trading at Negative Yields

Excluding the US 45% of corporate investment grade bonds globally trade at negative rates! @DeutscheBank via @SoberLook pic.twitter.com/Es9ePhDxVH

— Adam Tooze (@adam_tooze) August 15, 2019

This most definitely goes under the heading of “different.” For commercial property investors considering cap rates, the heading might be “consider the alternative.”