Posts Tagged ‘Holland’
Germany’s First Failed Bond Auction – The European Crisis Continues to Spread
![Germany-flag](https://crackerjackfinance.com/wp-content/uploads/2011/11/Germany-flag-300x225.jpg)
Germany failed to get bids for 35% of the 10-year bonds auctioned today. Yields are up about 10 basis points this morning. The increase in borrowing cost is insignificant for Germany. Yields are still well below 2%, and Germany continues to benefit from the combination of very low borrowing costs, and a declining euro which…
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