It’s an alarm signal for the euro zone: German treasury bonds, until recently in great demand, aren’t finding enough buyers. The most recent bond issue raised only 3.6 billion euros, not the 6 billion desired. Germany, normally considered very creditworthy, has lost status in the financial markets.
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This is a burden on the whole market in European government bonds. MADE IN GERMANY reporter Mabel Gundlach met with Michael Puschmann, who heads the bond trading department of the Baader Bank. He says he has never experienced such turbulent times.