Negative YTM Debt Increases

In 2016, there was a record $12.2 trillion in negative YTM debt worldwide. That amount had fallen, but in the last five months, more than $3 trillion more in debt has reverted to a negative yield, bringing the worldwide total back to $9.3 trillion. German government bonds are creeping close to negative yield territory, with yields of only .06 percent. It appears that at least some level of negative yielding debt will be around for a while.