The reason anyone would buy negative-yielding debt is actually pretty simple: Because they have to. They are central bankers looking to help promote economic growth. They are insurance companies, pension funds and money managers who have to match liabilities with
When Apple introduced a smaller iPad Pro on Monday, vice president Phil Schiller didn’t mince words when he discussed which customers Apple is targeting with the product, along with its 12-inch sibling. “When [users of old PCs] see the features