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| Economy |
| German Bond Auction Fails |
| 2011-11-23 |
| h/t Instapundit ... German bond auction went rather badly today. In fact, a lot of commentators are using words like "disastrous". They sold just over half of the €6 billion they had put out to market, the worst such outcome anyone can remember. This comes on the heels of a Spanish debt auction in which the yields on their three month notes more than doubled to 5%. That's a higher interest rate than I pay on my credit card. |
| Posted by:g(r)omgoru |
| #3 |
| Posted by: Bright Pebbles 2011-11-23 18:32 |
| #2 |
| Posted by: Anguper Hupomosing9418 2011-11-23 18:31 |
| #1 |
| Posted by: gromky 2011-11-23 17:28 |