Crazy world. Investors paying #Germany more and more to lend the country money. Berlin sold €3.279bn of 7y debt at record low yield of -0.62% vs -0.60% at Aug auction. Got total bids of €7.255bn for €4bn offer. Bid-to-cover at 2.2. pic.twitter.com/Mmdy7Wzk6d
— Holger Zschaepitz (@Schuldensuehner) September 15, 2020
#ECB balance sheet hit another ATH at €6,474.61bn as Lagarde keeps printing press rumbling. Total assets rose by €15.8bn on QE while reduction in central bank FX swaps by €2bn slows expansion a bit. ECB balance sheet now equal to 63.5% of Eurozone GDP vs BoJ's 135%, Fed's 36.% pic.twitter.com/H5KybbQvoS
— Holger Zschaepitz (@Schuldensuehner) September 15, 2020
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