07-09-2012, 05:09 AM
(This post was last modified: 07-09-2012, 05:21 AM by PonderThis. Edited 1 time in total.)
"...The yield on six-month German bonds fell to a record low of -0.03%, meaning that investors were paying the German government to lend money to them..." http://www.bbc.co.uk/news/business-18767056
This in itself seems rather amazing, and I don't think I've ever seen this happen in my lifetime before, either. I don't know if anyone else will find this newsworthy or not. Your discussion invited if anyone cares. (Meanwhile, yields on Spanish and Italian debt exceeded 7%, considered to be an unsustainable amount for any country to pay - this, despite the recent bailouts.)
This in itself seems rather amazing, and I don't think I've ever seen this happen in my lifetime before, either. I don't know if anyone else will find this newsworthy or not. Your discussion invited if anyone cares. (Meanwhile, yields on Spanish and Italian debt exceeded 7%, considered to be an unsustainable amount for any country to pay - this, despite the recent bailouts.)