Market Mover: Rumors of Debt Downgrade in GermanyAugust 25, 2011 @ 10:21 AM EST
Rumor Mill: Sovereign Debt Downgrade Coming To Germany?
There is a rumor making the rounds that Germany may lose its AAA credit rating.
The DAX has moved to the low of the day and is down more than -2.2% at the present time.
We will note that similar rumors relating to France hit the markets recently and proved to be false.
iShares Germany - Last 12 Month
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