Jose Canseco has entered the negative interest rate deabte.

In a few tweets on Wednesday night, baseball great Jose Canseco offered his thoughts on the Bank of Japan’s new policy to institute a negative interest rate of -0.1% on some reserves parked at the bank.

Additionally, as of trading on late Wednesday night in New York the yield on Japanese Government Bonds, or JGBs, was negative out to 8 years.

And so at least on a surface reading, it seems like you pay the Japanese government to lend it money. (This isn’t exactly how it works, as the yield on read more >>>

Source : BusinessInsider.Com