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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
for today Merkozy killed Eur bank recovery and you name it. Tomorrow another It 6 mon bond auction...wait and see. Merkel will go under there is no way to avoid Eurobonds. or ECB QE that dwarfs the FED's. Eurobonds will propel EUR because the estimated yield 10 y is a fat 4.5 %.
You see when Japan sells german bunds and buys UK gilts... it is clear a big switch to left side traffic is coming. But this does in no way indicate the V2 remake plan is abandoned , not at all.