The Austrian government bond is in serious trouble. The 100-year bond has lost 74% of its value since 2017 and it looks like it will continue to fall.

In 2017, at a time of negative interest in the Eurozone, Austria re-financed some of its debt with a 100-year bond with 2,1% interest and quite a few institutions bought it. Seems like it was a good deal for Austria’s treasury, but whoever owns that thing is in trouble. With my luck, it was probably bought by my pension fund…

h/t Infamous_Sympathy_91