Good morning from #Germany, where 10y yields of mortgage-backed bonds (Pfandbriefe) turned positive

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Good morning from #Germany, where 10y yields of mortgage-backed bonds (Pfandbriefe) turned positive again for 1st time since Jun2020, meaning more expensive financing for real estate. A sharper rise could bring the housing boom to an end. h/t Holger Zschaepitz

Good morning from #Germany, where 10y yields of mortgage-backed bonds (Pfandbriefe) turned positive

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