It seems more people would rather buy our bonds than those of the UK and Germany.
there is sound reasoning behind this. If anyones economy is going to improve first, it will be the USA's. It is far more likely that you will loose out buying euro's and sterling pounds and other currencies in the long haul as the world economy sours and then recovers.
Whether The prof likes it or not, it will be the American economy that drags the rest of the world to recovery, not the other way around.
Or, maybe Germany’s inability to sell all of its bonds is the canary in the coal mine...the first salvo in a domino collapse that begins with the G7 and ends with the United States. I have to laugh at CNBC...if they were around in January 1930, they’d be telling folks the worst is over and a rally is underway...don’t miss it!!!