Jason talks about how last week more bad history was made as Austrian and French 10-year bond yield tipped into negative territory for first time in history on Tuesday. Globally, corporate and government bonds reached $13 trillion US Dollars in value again. This last happened in 2016. Negative Yields (Corporate & Government Debt) Last Got to $13 Trillion Dollars in Total Value Globally in 2016: 1) With Over $13 Trillion In Negative-Yielding Debt, This Is The Pain A 1% Spike In Rates Would Inflict https://www.zerohedge.com/news/2016-07-10/over-13-trillion-negative-yielding-debt-pain-1-spike-rates-would-inflict 2) "It’s Surreal" - Negative Yielding Debt Rises To Record $13.4 Trillion https://www.zerohedge.com/news/2016-08-15/“it’s-surreal-negative-yielding-debt-rises-record-134-trillion How do negative yields work? Do you actually pay someone to hold your money? Say you buy a German T-bill. Usually, you’d buy at a discount. So, you might pay $99.50 and get back $100 at maturity. But in this case, you would pay $101 and get back $100 at maturity. You literally get back less than you deposited. Articles About the Record Move in Negative Yields in a Single Week Last Week: 1) Global Negative Yielding Debt Soars By $700 Billion In One Day To Record $13 Trillion https://www.zerohedge.com/news/2019-06-21/gloal-negative-yielding-debt-soars-700-billion-one-day-record-13-trillion 2) The World Now Has $13 Trillion of Debt With Below-Zero Yields https://www.bloomberg.com/news/articles/2019-06-21/the-world-now-has-13-trillion-of-debt-with-below-zero-yields 3) Value of debt with negative-yields hits $13 trillion https://www.marketwatch.com/story/value-of-debt-with-negative-yields-nears-12-trillion-2019-06-18 4) $13 Trillion of Bonds Have Below-Zero Yields https://www.treasuryandrisk.com/2019/06/21/13-trillion-of-bonds-have-below-zero-yields Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**