Aim higher, reach further.  Germany's Borrowing Cost Ratchets
Higher  Country Offers Yields of More Than 2% in Sign Investors
Are Building Confidence in Euro Zone  Germany, purveyor of
Europe's safest government bonds, saw its borrowing cost ratchet
higher Wednesday, in a fresh sign that investors are building
greater confidence in the euro zone's prospects.  The country
had to offer yields of more than 2% at an auction of 10-year
bonds, the highest level in nearly two years. As recently as
April, it paid just 1.28%.  In the most troubled days of the
euro-zone debt crisis, some of Germany's debt maturing over a
shorter time horizon launched with a negative yield, meaning
investors effectively paid it to be a guardian of their funds.
The euro crisis isn't over, and some countries, such as Italy,
are still forced to pay up in order to borrow funds. But
relatively upbeat growth, calmer euro-zone debt-market
conditions and a decline in other key government bonds, such as
those of the U.S., mean Germany's rock-bo