Germany Sells Bills With Negative Yield for First Time Amid Crisis Concern

Discussion in 'Wall St. News' started by THE-BEAKER, Jan 10, 2012.

  1. Well, the exchange rate will be set by the FX mkt, no? Conditional on EUR breeakup, where would you make me a mkt in the NDEM/EUR cross?
     
    #11     Jan 11, 2012
  2. There was a time in the 1970's I believe when people paid interest to Swiss banks to hold their deposits. Big time I mean...

    For those that appear stunned, possibly because of ignorance, negative rates is what you usually get from governments when you buy debt if you subtract inflation.
     
    #12     Jan 11, 2012
  3. Beats the hell out of me... If France and Germany were to exit I'd definetely place NDEM higher than whatever the EUR would trade at.
     
    #13     Jan 11, 2012
  4. Well, there you go, mate... You and I are in agreement and we're both likely to be bullet bid for thargs of NDEM/EUR. That's why German bubills are trading where they are.
     
    #14     Jan 11, 2012