dollar bond sales

Everyone selling dollar bonds now

It looks like the whole world knows the dollar is about to be devalued and is getting on board to take advantage of it by pricing their debt in dollars.

(Bloomberg) -- Germany and Austria led governments and companies in Europe selling $21.7 billion of bonds in the U.S. currency this week to take advantage of the reduced cost of exchanging the proceeds back into euros.
European nations sold $10.4 billion of bonds in the U.S. currency this week, the most since Bloomberg began compiling the data in 1999 and beating the previous record of $9.2 billion in January. Sales by the governments, as well as companies including The Hague, Netherlands-based Royal Dutch Shell Plc, added to the $358 billion of issuance in 2009, up 38 percent from last year, Bloomberg data show.