Euro on ‘Death Watch’ After Investors Spurn German Bonds

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John Melloy
CNBC
Wedneday, November 23, 2011

Investors began to fear the worst for the euro after unusually weak demand at an auction for bonds from Germany, the region’s largest economy. One analyst went so far as to put the currency on a “death watch.”

Germany sold just 60 percent of the 6 billion euros in 10-year bunds it brought to auction, about the weakest demand seen for the country’s debt in the currency’s 16-year history, economists said. The rejection of debt from Europe’s safe harbor marks a new stage for the crisis.

“No bunds wanted equals no Euros wanted equals the Euro death watch,” wrote Mark Steele, an analyst with BMO Capital Markets. “We have seen many poor German auctions. This is not the issue. The issue is how badly the euro is doing after the weak auction.”

The euro fell more than 1 percent against the dollar to a 7-week low against the Greenback. The currency threatened to break through the October lows that came amid the height of turmoil in Italy and Greece. Both countries would go on to install new Technocrat leaders, lifting confidence in the currency briefly.

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24 Responses to “Euro on ‘Death Watch’ After Investors Spurn German Bonds”

  1. The Euro needs to die, so that we Europeans can live.

    BYTHETWILIGHTdotNET Reply:
    November 23rd, 2011 at 1:54 pm

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    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 2:59 pm

    YOUR SISTE SUCKS.

    STOP SPAMMING IT HERE.

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 3:00 pm

    WHY DOES WORD PRESS KEEP JUMBLEING MY WORDS ?

    dhsn Reply:
    November 23rd, 2011 at 3:17 pm

    For the same reason your pencil does.

    Tom Reply:
    November 23rd, 2011 at 5:22 pm

    tosul – The CURRENCY called the “euro” will in fact die, but the NATIONS who make up the EUROPEAN UNION will not. THAT is here to stay. The headlines are just distractions so that we never rise up (based on the assumption that we don’t know what is really happening). How can one country in the “union” control the others (if the “union” is what it claims to be)?

  2. The patient is dead, BUT STILL THEY KEEP TRYING TO SHOCK IT BACK TO LIFE.

    Won’t happen. Confidence is GONE in the Banker SCUM

    Everyone knows the debt is too great to be repaid, and created out of NOTHING.

    Just DEFAULT already, the banks created the CRAP, let them pay the price.

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 4:39 pm

    NOTICE HOW THE PROP UP THE PERCEPTION BY SELLING THE JUNK BONDS IN THE ONLY COUNTRY NOT BANKRUPT.

  3. “sold just 60 percent of the 6 billion euros”!!!
    Who were the stupid guys who bought that 60 percent?
    Maybe FED?

    BTW, I didn’t know germans sell bunds. Before that I thought that wall bund is build at the field.
    Quite A Strange World We Live In.

    There is only one reason for this complicated jargon of economics:
    CONFUSE ME AND YOU.
    ********
    Bonds = Bunds = Debt Security = Tools of Usury = Moustache of Satan = Go to Hell all usury based economy

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 4:40 pm

    U= NUT

  4. Hi Everybody……..The EURO debt crisis is a crisis which will be ( its not knock, knock, knocking at heaven’s door , its your DOOR lol ) coming knocking at your door. . And let’s hope the next chapter suggests that there’s an ending to this story that doesn’t involve street riots and a long-term decline in living standards for entire populations of this planet..Let’s hope. But the lesson from the euro debt crisis is that it’s not going to be easy. It may not even be possible….You probably don’t think of the euro debt crisis as part of some larger global story that is going to pull in you and your family as starring characters. BUT IT IS…. This isn’t just a story about some feckless Greeks who went on wild shopping sprees with money lent to them by hardworking Germans who didn’t check the books carefully…..Greece is just 1 page of …1000 page book… if I say more then this , they might throw that BOOK at me ….lol just kidding….
    Thanks
    Best Wishes

    Tom Reply:
    November 23rd, 2011 at 5:24 pm

    Well, there are certain things in life that will only ever go in one direction. The standard of living is going down, NEVER to rise up again.

  5. All money is just digits.Money Changers can easily make more of the same. Don’t kid yourselves,this money world problem is planned,When no jobs for the millions unemployed, there is openings for hired thugs in the millitary. Same thing happened prior to WWI WWII.
    Burn down a worthless million acre forest of shurbs and in a few years–the land produces good lumber. Jews in control are not stupid–fence sitters,while we do the killing and burning :^/

    MvGuy Reply:
    November 23rd, 2011 at 5:29 pm

    geo1671… nice 2-c-u around…..

  6. I’d phrase the question about the Euro Crisis in phenomenological terms: given what we know about the globalists’ opportunistic use of “crisis” situations, often manufactured crises, how will the Euro Crisis be used to further European integration?

    Tom Reply:
    November 23rd, 2011 at 5:26 pm

    It won’t. The realignment of soveriegn nations is what the European Union is supposed to be. The currency it spends of of less importance, and in fact they’ll be merging or replacing that one once the other “country’s” in the 1951 realignment plan take shape. There are to be fewer “nations” for the U.N. to govern once it comes to power, and all this regime change is serving that purpose.

  7. Gerald c should be a comedian he could do it if he would act something like a white Eddie Murphy =classic shit

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 4:42 pm

    WELL HE SUCKS AS AN INVESTOR

    HA HA HA HA

    I COULD LOOSE 100 GRAND BY MYSELF WITHOUT TRYING !

    YOU KNOW THERE’S A THOUGHT.
    IF YOU REVERSED IT.

    AND INVESTED MONEY TRYING TO LOOSE IT, I WOUNDER IF YOU’DE GET SCREWED AND MAKE MONEY ?

  8. The Zionists are behind it. They are targeting Germany, for the mythical holocaust they blame the Germans for. they are manipulating money, as they always to, to destroy Germany. Germany needs to wipe out Israel.

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 4:42 pm

    YOU DONT KNOW WHAT THE HELL YOU ARE TALKING ABOUT !

    WHAT TIME IS IN YOUR WORLD?

    Tom Reply:
    November 23rd, 2011 at 5:28 pm

    “Mythical Holocaust”. You couldn’t be more stupid. Literally THOUSANDS OF PICTURES EXIST proving that it happened. The Army marched Germans from nearby towns through the damn concentration camps to show them what their leadership had done. Going to use the excuse that you can’t find anything there NOW? Duh! After 70 years it’s been cleaned and cleaned and cleaned and the filth is still in the air. Of all the things to deny……

  9. Ah but at the end of a day, you can always expect a bright yellow Sun rising in the East ! It’s yellow like gold too !

    Super Duper Man 1776 Reply:
    November 23rd, 2011 at 4:43 pm

    AND IDIOTS WORSHIP IT WORLD WIDE AS HAS BEEN FOR 4OOO YEARSAND THINK THEY’RE CHRISTIANS.

    JHA HA HA HA

    Tom Reply:
    November 23rd, 2011 at 5:29 pm

    Christians don’t worship the sun, dumber bummer man. Grow up and be a man one day, okay?

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