Bund yields rise over 3% for the first time since May as a German government bond auction fails...

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MarketGuy Comments (3983)
 
Germany obviously needs a ponz....I mean, a "POMO program"
8 Dec 2010, 09:25 AM Reply Like

Harry Tuttle Comments (2221)
 
Their bank (ECB) is busy propping up their less-worthy cousins.

If they insist on guaranteeing everyone's debt it is natural for the market to demand higher yields.

Germany is not as big as people think once compared to the sum of Spain, Italy, Belgium, Ireland, Greece, and Portugal. That is even without including all the banks those countries are implicitly guaranteeing (in Ireland's case explicitly).
8 Dec 2010, 09:32 AM Reply Like

Papaswamp Comments (2114)
 
Whooops
8 Dec 2010, 09:53 AM Reply Like

s2rosenberg@chx.com Comments (31)
 
Comical: Irish Banks lend like fools and German Banks lend like it's the last DM on the planet. US Banks make money lending like fools and borrowing from the fool Fed.
9 Dec 2010, 02:36 PM Reply Like

Humble Value Miner Comments (370)
 
recently, German government reaction to the idea of adding European Bonds as EU financial resource (as you can print Euro, then sell European Bonds...) has been glacial, and maybe somebody is telling Germany they should reconsider...
9 Dec 2010, 05:50 PM Reply Like