Your First Run-In With Negative Interest Rates?

Although they have been deployed across the globe in various places and at various times, including now, negative interest rates are not generally seen as a likely solution for the U.S. economy. Still, even with the Federal Reserve’s stated opposition to them, the potential for negative rates given the extreme market volatility prompted in March by COVID-19 remains top of mind for many in the financial services industry.

This includes securities lending participants, who are…