The entire government yield curve in Denmark is a hair's breadthaway from turning negative, setting a milestone in the history ofinterest rates as investors wager on more monetary stimulus inEurope.
The benchmark yield on Denmark's debt due 2039, the longestmaturity for government securities, dropped to a record low of0.028 percent on Tuesday after dovish comments by European CentralBank (ECB) President Mario Draghi. Denmark pegs its krone to theeuro, forcing the central bank in Copenhagen to closely track theECB's every step.
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