VanEck’s Gurbacs Predicts Rise In Bitcoin Interest As Negative Yield Bonds Reaches $15 Trillion

Deutsche Bank has reported that 27% of global bonds traded have been trading in negative yield. Taking this into consideration, VanEck digital asset director, Gabor Gurbacs says that it is time for ‘Plan ₿’.

A negative bond yield is an unusual situation in which issuers of debt are paid to borrow. At the same time, depositors, or buyers of bonds, pay a cash flow instead of receiving interest income.

Investors who fear or expect deflation tend to find nominal bonds with even negative yields attractive as long as expected deflation makes real yields positive. In a deflationary environment, investors tend to shift away from real into nominal assets. This suggests a rise in interest in Bitcoin.

In the US the universe of bond and hybrid mutual funds that are passive is $375bn or 7.8% of all bond and hybrid mutual funds. Banks buy bonds with negative yields to escape negative depo rates such as those by the ECB, SNB and the Danish central bank.

The International Monetary Fund has reported subdued growth around the globe as the two largest economies, the United States and China, engage in a trade war. Germany said this week that industrial production fell 1.5 percent in June, far more than expected, raising fears of a recession in Europe’s largest economy.

There are other signs too and they all point to a rise in interest in alternative assets and this is where Bitcoin comes in.

Bitcoin (BTC) Live Price

1 BTC/USD =$20,369.9656 change ~ 1.54%

Coin Market Cap

$388.69 Billion

24 Hour Volume

$11.69 Billion

24 Hour VWAP

$19.18 K

24 Hour Change


Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide