how can germany get a negative yield on their bond?
why investor (bankers) not deposit at ECB instead of take loss on germany bond?
from my understanding, both ECB deposit & Germany bond are ini EUR. so no matter how bad (eg. Greece leaves EZ), still deposit at ECB is more rewarding, right?
as long as Germany using EUR, i think is not rational. i'm confuse...
why investor (bankers) not deposit at ECB instead of take loss on germany bond?
from my understanding, both ECB deposit & Germany bond are ini EUR. so no matter how bad (eg. Greece leaves EZ), still deposit at ECB is more rewarding, right?
as long as Germany using EUR, i think is not rational. i'm confuse...