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Furkan Yildirim wrote that the US Treasury could auction fewer long-term government bonds as early as November and possibly discontinue the 20-year term altogether. According to Yildirim, Citigroup expects Secretary of the Treasury Scott Bessent to announce a $3 billion reduction in auctions for 20- and 30-year bonds each on November 4. The financing gap is to be closed with government securities maturing within a year at the latest. The department may also ask large banks next week whether pension funds now prefer bonds from Amazon, Meta, and Alphabet to those of the state. The 20-year bond was reintroduced in 2020 after a 34-year hiatus and now offers nearly 5.7 percent interest, more than any other US maturity. At the end of 2020, its yield was just under 1.5 percent. At the same time, Alphabet, Amazon, Meta, Microsoft, Oracle, and SpaceX had already issued dollar bonds amounting to more than $180 billion in 2026; according to Yildirim, Amazon's bonds extend to 2076. According to asset manager TwentyFour, which Yildirim cited, Japanese investors are now receiving enough interest at home to invest their money there. Citi strategist Jason Williams wrote that pension funds may currently be more inclined than usual to invest in long-term corporate bonds of good quality. However, BNP Paribas strategists doubted that smaller auctions would reduce the government's financing costs. Yildirim also pointed out that the yield on 10-year US bonds serves as a basis for mortgages and many other loans, and Bessent had referred to it as an important measure of his success. With an annual deficit of nearly $2 trillion, the debt burden continues to grow as competition for long-term buyers increases. #Finanzen #Anleihen #Wirtschaft (translated)

Tim Freiheit wrote that an heir of a childless entrepreneur has only an exemption amount of 20,000 euros and must pay 50 instead of 30 percent inheritance tax. Experts considered this burden to be unproblematic according to his presentation. #Erbschaftsteuer #Unternehmertum #Finanzen (translated)

The Australian exchange student asked how, in light of the economic development, a tax revenue of 989 billion, a trillion in debt, and the already overwhelming tax burden, it could even be discussed about tax increases. He also described the state's greed as insatiable. #Steuern #Finanzen #Wirtschaft (translated)

Sparbuchfeinde described the case of a childless deceased brother, whose siblings inherited a paid-off house worth 800,000 euros and 50,000 euros in bank savings. He wrote that an inheritance tax of 249,000 euros would be due; the tax forces the heirs to sell the house instead of keeping it in the family. The tax exemption amounts to 20,000 euros, both among siblings and with strangers. Sparbuchfeinde argued that those who establish such rules see families as an enemy image. #Erbschaftsteuer #Familienpolitik #Finanzen (translated)

It has been agreed that the issue deserves further in-depth analysis and technical work. Meanwhile, Ecofin has approved further investigations into the possibility of introducing a European tax on the excess profits of energy companies, announced Irish Finance Minister Simon Harris, who is holding the presidency of the EU Council. #Tassazione #Extraprofitti #Energia (translated)

The author wrote that the EU Court of Auditors found an estimated error rate of 3.8 percent for EU spending in 2025, amounting to around 6.7 billion euros. At the same time, he criticized that Brussels demanded additional billions in budgets while massive irregularities persisted. In conclusion, he started a sentence about the obligations of those who spend the citizens' money but did not finish it. https://t.co/8PeuPBVbPm #EU #Haushalt #Finanzen #EU #BE (translated)

Lars Winkelsdorf wrote that he had spoken a few months ago at a personal meeting with August Hanning about Hanning's financial situation. Hanning had brought up the topic himself. The current media coverage does not adequately represent the situation from Winkelsdorf's perspective, as it appears as an exposure of the motives behind Hanning's alleged actions. According to him, Hanning explained that he had entered the supervisory board of the Latvian PNB Bank through Anders Rasmussen. An oligarch then plundered the bank, stripping it of about 30 million euros. In a civil proceeding under Latvian law, Hanning was held liable; the judgment was later enforced in Germany, and a significant portion of his pension was garnished. Winkelsdorf described Hanning as an indirectly harmed party of criminal acts and wrote that his attempts to get out of the situation had failed. It was not about losses from risky investments but rather that Hanning had been "taken advantage of," he wrote. Rasmussen has not had to pay anything so far; Winkelsdorf added that Denmark may have better laws than Germany. https://t.co/KJQ6fW9Au0 #Finanzen #Medien #Justiz (translated)

The AfD faction in the German Bundestag announced that it had introduced a bill on Thursday aimed at restoring freedom of opinion in social networks to the Bundestag. Stephan Brandner stated that the situation in Germany was poor in areas such as the economy, finance, internal and external security, education, and freedom of opinion. At the same time, he emphasized how important freedom of opinion is and demanded a return to a free community in which the state and its representatives serve the people and do not persecute them. #Meinungsfreiheit #SozialeNetzwerke #Bundestag (translated)

Despite the challenges at the production site in Germany, the 40 DAX companies are showing positive development with increasing revenues and profits, which makes them competitive in international comparison and currently makes the DAX valuation appear favorable. #Dax #Aktienmarkt #Finanzen (translated)

At the first BILD finance summit, leading financial experts debated the challenges and opportunities of retirement planning in Germany, particularly discussing a reform and the promotion of financial education to improve pension security and address gender-specific financial inequalities. #Altersvorsorge #Finanzbildung #GenderGap (translated)

The European Commissioner for Economy, Valdis Dombrovskis, stated that it is not possible to continue introducing fiscal flexibility, while promising to examine the requests of Italy and Greece in the context of rising inflation and the need for public finance sustainability. #FlessibilitàFiscale #SostenibilitàFinanziaria #Eurogruppo (translated)

The ÖRR Blog wrote that the financial expert interviewed by ZDF Aspekte had completed her training as a press officer at the federal headquarters of the Greens during the 2017 Bundestag election campaign. From 2018 to 2021, she worked in the Bundestag office of Annalena Baerbock. #OerrBlog https://t.co/kqcZSCZ9GQ #Bundestagswahl #Politik #Finanzen (translated)

The author wrote that Europe faced a dual challenge, citing elevated energy prices and rising inflation that they said were creating difficulties for citizens and businesses, while financial markets were also reacting. They said the response should focus on protecting and preserving. https://t.co/PSdcg5auad #Energie #Inflation #Finanzen #EU