Low German yields
Posted on April 18, 2012 at 09:54 AM EDT
One reason rates are lower than otherwise could be, the idea that in a breakup, if Germany goes back to the mark, bond holders will experience currency gains on the presumed appreciation vs the other euro members.
One reason rates are lower than otherwise could be, the idea that in a breakup, if Germany goes back to the mark, bond holders will experience currency gains on the presumed appreciation vs the other euro members.
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