'A Complete Disaster' Sovereign Bond Auction Fizzles in Germany

Germany has been considered a safe haven of financial stability amid the ongoing euro crisis -- but that may be changing. Growing mistrust from investors seems apparent after what has been described as a "disastrous" government bond auction on Wednesday. Just two-thirds of the German bonds sold, leaving analysts concerned but not panicked.
Analysts are apprehensive about the recent ebb in demand for German bonds.

Analysts are apprehensive about the recent ebb in demand for German bonds.

Foto: dapd
-- kla, with wires