Archives for: German 10 Year Bond

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A Huge Miss

by Mitch Feierstein about 10 years 8 months ago

Stop press. The biggest news of the month is that Germany’s most recent bond auction failed horribly in attracting buyers.  Some 39% of the bonds available for sale were left unsold and had to be mopped up by the Bundesbank. This is extraordinary news. It means that contagion has now spread from Greece, to Ireland and Portugal, […]

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