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France sells bonds at Negative Interest rate...
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Womp
Posted 7/9/2012 14:41 (#2475599)
Subject: France sells bonds at Negative Interest rate...


E SD
Strange times.



"In Monday's bond sale, the treasury sold three-month bonds at -0.005 percent, and six-month bonds at -0.006 percent. The treasury agency says it's the first time they have registered negative yields."




http://hosted.ap.org/dynamic/stories/E/EU_FRANCE_FINANCIAL_CRISIS?S...
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