Unless otherwise defined, this is the yield on ten-year government bonds (more precisely: the average interest rate in terms of the return on the most recent ten-year government loan) of those countries which, in the opinion of investors, are able and willing to repay the loans they have taken out. – Cf. BaFin Annual Report 2003, p. 17.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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