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Chaos in the Bond Markets - Investors Losing Trust | Made in Germany
Posted
November 30, 2011
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November 30, 2011
456
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3:14Now PlayingIt's an alarm signal for the euro zone: German treasury bonds, until recently in great demand, aren't finding enough buyers. The most recent bond issue raised only 3.6 billion euros, not the 6 billion desired. Germany, normally considered very creditworthy, has lost status in the financial markets.This is a burden on the whole market in European government bonds. MADE IN GERMANY reporter Mabel Gundlach met with Michael Puschmann, who heads the bond trading department of the Baader Bank. He says he has never experienced such turbulent times.
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