Germany Issues 2-Year Note At All-Time Record Low Yield Of -7bps

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– Germany Issues 2Y Note At Record Low Yield Of -7bps (ZeroHedge, Sep 17, 2014):

Germany sold EUR 3.34 billion 2-year notes to a desparate-for-collateral, safe-haven-seeking, ECB QE-front-running, deflation-pricing market (with exceptional demand – an elevated 2.26x bid-to-cover) for a stunning -0.07% yield… an all-time record low yield issuance for Germany. We have nothing to add…

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1 thought on “Germany Issues 2-Year Note At All-Time Record Low Yield Of -7bps”

  1. I don’t understand it, but I know the EU is in trouble, and Germany is deeply in debt because they tried to lend money to other EU countries in hopes of controlling the EU. Once it realized all of the countries were in trouble, all had inflated their net worth on paper…….it has weighed greatly on Germany. Their people are not happy, and they have to do something.
    I don’t know if this is the right thing to do…..but if they sell, maybe they know something we don’t. Interest rates are going through the roof here in the US, except for the banks……..

    Reply

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