Holger Zschaepitz(@Schuldensuehner):Good Morning from Germany, where the global bond selloff is hitting hard. The 10y Bund yield has surged to 3.57%, the highest since 2009. Germany’s benchmark borrowing cost is now ~440bps above its 2020 low of -0.86%. The era of free money is becoming a distant memory.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

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Holger Zschaepitz@Schuldensuehner

2026.09.15 08:10

Good Morning from Germany, where the global bond selloff is hitting hard. The 10y Bund yield has surged to 3.57%, the highest since 2009. Germany’s benchmark borrowing cost is now ~440bps above its 2020 low of -0.86%. The era of free money is becoming a distant memory.

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