Germany sold 3.65 billion euros of new 10-year government bonds on Tuesday, in an auction which was technically uncovered after Berlin offered the lowest coupon on record for this maturity. The average yield of 1.98 percent versus a 2.74 percent ... Poor Auction Demand Shows German Bunds Losing Appeal
Tuesday, November 22, 2011
Poor Auction Demand Shows German Bunds Losing Appeal
Germany sold 3.65 billion euros of new 10-year government bonds on Tuesday, in an auction which was technically uncovered after Berlin offered the lowest coupon on record for this maturity. The average yield of 1.98 percent versus a 2.74 percent ... Poor Auction Demand Shows German Bunds Losing Appeal
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