Good morning from #Germany, which has significantly extended the avg maturity of its debt. While the

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Good morning from #Germany, which has significantly extended the avg maturity of its debt. While the avg maturity of German govt bonds was just over 5yrs in 2000, it is now ~8.5yrs, acc to Buba. Even if rates on fin mkts rise, debt service becomes more expensive very slowly. h/t Holger Zschaepitz

Good morning from #Germany, which has significantly extended the avg maturity of its debt. While the

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