The Official "How totally fucked up things are" Thread

Discussion in 'Economy' started by CrusaderFrank, Nov 23, 2011.

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Busy with holidays today but couldn't help notice this:

    Germany was barely able to sell more than half of a planned €6 billion auction of 10-year bunds, at a yield of 1.98%.

    Weak German Bond Sale Mashes Markets - Forbes

    Germany is Europe's rock and no one had an interest in owning a piece of the rock. The NY markets were off slightly as a result. Yes, slightly.

    If investors don't want debt in the strongest European nation, well...that's not good, not good at all.
     

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