Daily Three: Germany Adds To The Debt Milestones, The Budget Deficit Continues To Climb and Import Prices Fail To Meet Expectations
- Germany sold 10 year maturity bonds with a negative 0.05% yield today marking the first Eurozone negative yield debt issuance. The Wall Street Journal
- As of June, the United States budget deficit totaled $523 billion over the past year reaching 2.9% of GDP. The Wall Street Journal
- Import prices rise in June by 0.2% driven by a rise in oil but ex-oil actually shows a decline for the month of 0.3%. CNBC