Do you think we will see the Fed go to negative int rates
I think it is a real possibility
If the Fed doesn't go negative then the USA will have the majority of non negative new bond issues in the world, assuming current trends continue
The last thing the USA economy wants is a stronger USD and higher int rates vs the rest of the world, are a big reason why off shore money will flood the USA bond market
Investment wants yield and if the USA is the best yield, investors will follow the yield
IMHO this woud not be good