Posts tagged 'Schatz'

Some positive Schatz

Reuters: 19-Sep-2012 10:41 - GERMANY SELLS 4.084 BLN EUROS IN TOP-UP OF 2-YEAR SCHATZ AV YIELD 0.06 PCT

That’s Germany selling 2yr paper at a POSITIVE yield for the first time since June, having got rid at zero-yield in August. Investors also bid 2.1 times the amount allotted, the most since January. Read more

Just in case you aren’t bored of negative yield stories yet…

German 2 year bond yields went negative on Friday:

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Oh Schatz! No coupon

This. Is. Marktverwerfung:

That’s a 0.00 per cent coupon on €5bn of two-year German debt to be sold this Wednesday. Read more

Das transmission

Just to warm you up for Thursday’s European Central Bank policy meeting…

Though not many are expecting a rate change, Societe Generale’s Kit Juckes points out that the German two-year bond yield is close to going lower than Japan’s: Read more

ECB fears at extreme, in Schatz options

Stefano Di Domizio at Lombard Street Research notes on Wednesday that the put/call ratio on the German Schatz (the two-year bond) has suddenly and seriously discorrelated from the put/call ratio on the Bobl (the five-year bond).

Here’s the chart: Read more

Sei (nicht) ein Schatz!

To fail one German bond auction is a coincidence…

To fail two is a bad sign… Read more

Schatz-ing through Europe’s excess liquidity

Did you notice the, erm, fireworks in the September Schatz last week?

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