Deutsche Bank Tumbles Near Record Lows As Yield Curve Crashes

Despite major jawboning and bond-buying by The ECB, Deutsche Bank’s “see it’s not Lehman after all” dead-cat-bounce has officially died as the giant German bank’s stock collapses back near record lows.

With Europe’s bond curve crushed (and 10Y Bunds trading 1.1bps today), it’s beginning to look a lot like Lehman again…

End of quote.

We know where the Lehman scenario led us; the 2008 GFC.

 

Richard

 

Check out the extraordinary new, life-changing technology at www.magravsplasmaproducts.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

WP2Social Auto Publish Powered By : XYZScripts.com
Follow Me
Get every new post delivered to your inbox
Join lots of other followers
Powered By WPFruits.com