U.S. President Donald Trump said in a tweet that Germany is "actually being paid to borrow money" as the European economy sold its first zero-coupon 30-year bond Aug. 21.
The average yield in the auction of the German bonds was negative 0.11%, indicating that investors would lose money if they hold bonds to maturity in 2050.
"[The] U.S., a far stronger and more important credit, is paying interest and just stopped (I hope!) Quantitative Tightening," Trump added.
The president further reiterated that the "Strongest Dollar in History" is hurting U.S. exports, calling the Federal Reserve to act upon it. "....WHERE IS THE FEDERAL RESERVE?" he tweeted, two days after the President called for a rate cut by "at least 100 basis points."
