Draghi Admits He Cannot Stop Buying Gov’t Debt

Spread the love Draghi has realized that he has singlehandedly destroyed the European bond market. Besides the fact that it is illegal to short government bonds, he has come face to face with the stark reality that IF the ECB stops buying government bonds,┬áthere will be NO BID at these price levels. Interest rates will … Continue reading Draghi Admits He Cannot Stop Buying Gov’t Debt