In bond markets, nervous investors piled into German bunds and U.S. Treasuries, pushing yields to record lows. [Treasury ETFs Hit All-Time Highs]
“It is quite possible that in a panic situation, people would pay for safety,” said Stuart Thomson, a fund manager at Ignis Asset Management, in a recent Dow Jones Newswires story. “Clearly, if there is a crisis with Greece withdrawing from the Eurozone, it is highly possible that the bund yield would go below zero.”
Other exchange traded products that track German bonds include PIMCO Germany Bond Index Fund (NYSEArca: BUND), ProShares German Sovereign/Sub-Sovereign ETF (NYSEArca: GGOV) and PowerShares DB 3x German Bund Futures ETN (NYSEArca: BUNT), which is a leveraged exchange traded note.
PowerShares DB German Bund Futures ETN
