Puny German bond yields are fortunate for Irish taxpayers

Puny German bond yields are fortunate for Irish taxpayers

The news isn’t all good, as the eurozone banking system and pension pots will suffer as a result of the ‘bund’ nosedive

In late March, German ten-year bonds, known as bunds, printed at negative yields. In practice this means that investors in German bonds are knowingly investing at prices where they are guaranteed to lose money.

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