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2011-11-23 Economy

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Posted by g(r)omgoru 2011-11-23 16:17|| || Front Page|| [3 views ] Top

#1 The link goes to ft.com, which YOU HAVE TO PAY FOR BEFORE VIEWING THEIR ARTICLES. Why even link there? All of us don't have a subscription, you know.

Posted by gromky 2011-11-23 17:28|| 2011-11-23 17:28|| Front Page Top

#2 I wasn't able to read the original FT article either, but NYT has this:
Weak Sale of Bonds Tests Germanys Stature in Crisis
FRANKFURT Germanys stature as an island of stability amid the financial chaos of the euro zone was challenged Wednesday after an auction of government bonds met slack demand, suggesting that investors are beginning to question whether there are any havens left in Europe. Analysts cautioned against reading too much into a single bond issue...About one-third of a 6 billion, or $8 billion, issue of German bonds found no buyers, twice as much unsold stock as normal, the countrys central bank reported...The sale was one of nine this year that fell short of demand, said Jörg Müller, a spokesman for the German Finance Agency, which administers bond sales. Its routine, he said, adding that demand often tails off toward the end of the year. He said the excess bonds would be sold on the open market, and would not lead to any funding shortages for the government.

Posted by Anguper Hupomosing9418 2011-11-23 18:31|| 2011-11-23 18:31|| Front Page Top

#3 Eurozone Contagion Deepens After Disastrous German Auction; Silver Supply Issues

Posted by Bright Pebbles 2011-11-23 18:32|| 2011-11-23 18:32|| Front Page Top

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