N********n 发帖数: 8363 | 1 Germany's €3 billion ($4.03 billion) offer of its 30-year bund was
undersubscribed at an auction Wednesday, something analysts traced to a
possible combination of pricing terms, European debt jitters and heavy
market supply.
The German government sold €2.458 billion of the 4.75% July 2040-
dated bund at an average yield of 3.83%. Its €3 billion offer, however
, attracted only €2.752 billion in bids.
The German debt agency played down the failure to get a full | m**********g 发帖数: 434 | 2 为啥欧元区也有higher inflation expectations呢?
,
Underbidding
a
【在 N********n 的大作中提到】 : Germany's €3 billion ($4.03 billion) offer of its 30-year bund was : undersubscribed at an auction Wednesday, something analysts traced to a : possible combination of pricing terms, European debt jitters and heavy : market supply. : The German government sold €2.458 billion of the 4.75% July 2040- : dated bund at an average yield of 3.83%. Its €3 billion offer, however : , attracted only €2.752 billion in bids. : The German debt agency played down the failure to get a full
| N********n 发帖数: 8363 | 3
#1 Their mass welfare system generates huge budget deficit that can only
be financed via inflation.
#2 Their banks made bad loans to these PIIGS and other nations and cannot
get the money back. To avoid a banking system collapse, they decided to
print the money to cover the loss, again just like US, just cheat.
It's a currency depreciation in full spin, which is why we gotta invest
in gold to survive the coming global Weimar-ization.
【在 m**********g 的大作中提到】 : 为啥欧元区也有higher inflation expectations呢? : : , : Underbidding : a
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