Germany Gets Paid To Be Loaned Money
January 9, 2012 | 
Author Just a quick observation, but to the amazement of some:
Germany held an auction of €4bn in six-month bills this morning, getting an average yield of -0.0122pc. In other words, investors were willing to pay Germany for the privilege of lending it money.
As eurozone worries increase, investors are seeking a safe place to stash their cash – even at the cost of letting Germany skim a little from the top.
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