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Germany Sells Bills with Negative Yield for First Time
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FBN's Robert Gray breaks down mid-afternoon market news.
- Duration 0:53
- Date Jul 9, 2012
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FBN's Robert Gray breaks down mid-afternoon market news.
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I'm Robert Gray with your Fox Business brief the bearish tone on Wall Street continues -- ahead of the unofficial kick off earning season when Alcoa reports after the bell.
Concerns over European debt prices also taking -- hold right now the Dow is down 42 points.
The European debt crisis is weighing on the region's biggest economy Germany that -- sold treasury bills -- a negative yield as investor demand is soaring for safer debt securities.
It marks the first time the German securities were sold a negative yield as investors are more concerned about immediate return of capital.
Then return on capital.
And Boeing has kicked off Europe's big air show by landing in order for more than seven billion bucks -- -- of leasing company air lease is for 75 of the plane -- 737.
Max model.
And that -- -- from Fox Business giving you that.