German Yields Jump as ECB Fly the Hawks
January 14, 2011 at 10:17 AM EST
Short-dated German paper slumped in response to hawkish talk from ECB President Trichet and colleague Axel Weber. The acceleration in the growth of the German economy to a 2.6% pace in 2010 brings with it a rise in inflationary pressures, which exceeded the central bank’s 2% tolerance level by the time the year had ended. [...]
