EUR bulls are in trouble, as always.
ECB never allowed highly indebted EU countries to have a higher yield. Italian, Greek government bond yields are lower than the US which makes zero sense.
Here is a catch: you cannot have a lower yield but strong currency.
-Signalwyse Team
ECB never allowed highly indebted EU countries to have a higher yield. Italian, Greek government bond yields are lower than the US which makes zero sense.
Here is a catch: you cannot have a lower yield but strong currency.
-Signalwyse Team