‘Peculiar’ Market Strikes Again With Sale of 100-Year Austrian Bond

The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps, with over 11 billion euros of orders placed for Austria’s first century bond. Source: Bloomberg Markets The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps. Investors placed almost 11 billion euros…

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