⚠️Automatic translation pending review by an economist.
Victor Lequillerier, an economist at BSI Economics, wrote an article in Le Monde on March 10, 2016, about negative interest rates on sovereign bonds: « These major investors are also betting that the value of the bonds will rise: they could then sellthem back to the ECB at a profit […]But it’s a risky bet: if rates rise and the price of the bonds falls significantly, the bet is lost. »