German Bond Yields Spike As Investors 'Flee' To Safety Of Most Systemically Dangerous Bank In The World
- 10 октября 2016, 15:26
- ZeroHedge. Alternative view on facts
With US Treasury markets closed, all eyes are on Bunds which are pushing on further above the cruclal 0.00% they broke Friday. Touching 5bps (yield) today, 10Y yields are nearing the upper bound of their post-Brexit range... as Deutsche Bank is bid.
Despite the un-taper announcements, Bunds are being dumped...
And it appears - as we noted earlier - that allowing the most systemically dangerous bank in the world to cheat on stress tests signals a TBTF buying opportunity...