'A Complete Disaster': Sovereign Bond Auction Fizzles in Germany

23rd November 2011, Comments 0 comments

Germany has been considered a safe haven of financial stability amid the ongoing euro crisis -- but that may be changing. Growing mistrust from investorsseems apparentafterwhat has been described as a"disastrous" government bond auction on Wednesday. Just two-thirds of the German bonds sold, leaving analysts concerned but not panicked.

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