When measured by demand, Germany apparently just had one of its worst bond auctions EVER.
Even the rock of Europe is seeing less enthusiasm for what it has to offer.
And you know it's a weird day, when markets are falling, the yield on German Bunds are actually higher.
Much like US Treasuries, German bund yields almost always go lower on risk off days.
Germany 10-Year Bond
Even the rock of Europe is seeing less enthusiasm for what it has to offer.
And you know it's a weird day, when markets are falling, the yield on German Bunds are actually higher.
Much like US Treasuries, German bund yields almost always go lower on risk off days.
Germany 10-Year Bond
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