As does the Bundesbank.

To err is of course human. But to mess things up spectacularly, we need an elite — Yanis Varoufakis

The "markets" did think, 1.92% yield is to low. Since taht is below the infaltion rate, taht is not even unreasonable.

As far as I remember, tehre already there some failed  actzins bakc in late 2008. The debt agency bakc then said that this is just haggling over price. They there rigth. Back then.

The Bundesbank and public deficits is  a pathological relationship.