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Denmark joins the negative yield club, selling $263.8M of 2-year notes at an average yield of...

Jun. 20, 2012 8:02 AM ETBy: Stephen Alpher, SA News Editor1 Comment
Denmark joins the negative yield club, selling $263.8M of 2-year notes at an average yield of -0.08%, and attracting bids for double the amount sold. A member of the EU, but not of the euro, Denmark has seen money flow into the krone (pegged to the euro) every time the crisis flares up.

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