$11.7 trillion worth of bonds are doing something bizarre

The ocean of negative-yielding bonds is growing ever bigger.
According to an analysis by credit rating agency Fitch Ratings, there is now $11.7 trillion worth of negative-yielding bonds in the market following the UK's vote to leave the European Union. That's $1.3 trillion higher than May.
When a bond is negative yielding, it means you'll get less back when the debt is due than you pay for it today. Investors are buying these because despite the prospect of losing money, they're still considered