Does the situation in Germany has something in common with Titanic first class ticket?

Germany's inability to attract offers in its bond auction can be a signal that investors are becoming reluctant to lend even to the most creditworthy country in the EU. The yield on 10-German bonds exceeds 2% creating the biggest gap with US Treasuries in 30 months. Stuart Thomson, Ignis Asset Management's strategist compares weak demand for German bonds with Titanic's first class passengers who faced the same problems as those from the third class.