Boysen-Hogrefe, Jens (2013) Low bond yields have saved the German government €80 billion in interest since 2009. LSE European Politics and Policy (EUROPP) Blog (22 May 2013). Website.
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Abstract
The Eurozone crisis has created huge volatility in the market for government bonds, with the heavily indebted countries on the Eurozone’s periphery facing significantly higher rates. One side effect of this volatility, writes Jens Boysen-Hogrefe, is that Germany has been seen as a “safe haven“ for those who wish to invest in government debt, leading to unusually low yields for government bonds. He finds that these low yields have saved the German government over €80 billion in the past five years.
Item Type: | Online resource (Website) |
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Official URL: | http://blogs.lse.ac.uk/europpblog/ |
Additional Information: | © 2013 The Author(s) |
Divisions: | LSE |
Subjects: | H Social Sciences > HB Economic Theory J Political Science > JN Political institutions (Europe) |
Date Deposited: | 05 Apr 2017 13:53 |
Last Modified: | 13 Sep 2024 18:46 |
URI: | http://eprints.lse.ac.uk/id/eprint/72640 |
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