Today's German Bond Auction Set A New Record

The German government just sold €4.15 billion worth of 10-year bonds at an incredibly low yield of 1.31 per cent.

This is the lowest yield for a German 10-year auction on record.

Meanwhile, Germany’s stock market is up 0.1 per cent, one of the few markets that are trading higher this morning.

Here’s a longer-term look at the German 10-year.

german yield

Photo: Bloomberg

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