Once taboo, investors begin to imagine negative U.S. rates
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NEW YORK/SINGAPORE (Reuters) - Negative interest rates in the United States were once unimaginable. The coronavirus has changed that.While the Federal Reserve has all but ruled it out, the sweeping economic and financial-markets impact of the pandemic has forced investors to give serious thought to the implications of such a drastic policy shift. Rate options, which gauge monetary policy expectations, on Monday implied a 23% probability that the key federal funds rate will go below zero by..