Question: An article in the Wall Street Journal in 2015 reported that the interest rate on five-year German government bonds had become negative: The negative yield

An article in the Wall Street Journal in 2015 reported that the interest rate on five-year German government bonds had become negative: "The negative yield means investors are effectively paying the German state for holding its debt." The article quoted an investment analyst as saying: "The negative yield is not scaring investors away."
a. What caused the interest rate on German government bonds to become negative?
b. Why are investors willing to buy bonds with a negative interest rate?

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