{"id":48606,"date":"2015-02-28T03:00:11","date_gmt":"2015-02-28T03:00:11","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/negative_mortgage_rates_in_europe_bond_yields_and_interest_rates_go_through\/"},"modified":"2015-02-28T03:00:11","modified_gmt":"2015-02-28T03:00:11","slug":"negative_mortgage_rates_in_europe_bond_yields_and_interest_rates_go_through","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=48606","title":{"rendered":"Negative Mortgage rates? In Europe, Bond Yields and Interest Rates Go Through the Looking Glass"},"content":{"rendered":"<p>At first, Eva Christiansen barely noticed the number. Her bank called to say that Ms. Christiansen, a 36-year-old entrepreneur here, had been approved for a small business loan. She whooped. She danced. A friend took pictures.<\/p>\n<p>\u201cI think I was so happy I got the loan, I didn\u2019t hear everything he said,\u201d\u009d she recalled.<\/p>\n<p>And then she was told again about her interest rate. It was -0.0172 percent \u201d\u201d less than zero. While there would be fees to pay, the bank would also pay interest to her. It was just a little over $1 a month. But still.<\/p>\n<p>These are strange times for European borrowers, as if a wormhole has opened up to a parallel universe where the usual rules of financial gravity are suspended.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2015\/02\/28\/business\/dealbook\/in-europe-bond-yields-and-interest-rates-go-through-the-looking-glass.html\">Read it all<\/a> from the NYTimes Dealbook.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At first, Eva Christiansen barely noticed the number. Her bank called to say that Ms. Christiansen, a 36-year-old entrepreneur here, had been approved for a small business loan. She whooped. She danced. A friend took pictures. \u201cI think I was<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=48606\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,175,582,589,595,592,451,149,168,591,200,590,133,593,585,34],"tags":[],"class_list":["post-48606","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-anthropology","category-consumerconsumer-spending","category-corporationscorporate-life","category-credit-markets","category-currency-markets","category-denmark","category-economy","category-ethics-moral-theology","category-euro","category-europe","category-european-central-bank","category-history","category-personal-finance","category-the-banking-systemsector","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/48606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48606"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/48606\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}