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[Markets] Draghi Shoots A Dud - Euro, Bunds Reverse All ECB Moves Draghi Shoots A Dud - Euro, Bunds Reverse All ECB Moves

For a few brief minutes it was all going Draghi's way.

Unleashing lower rates and QE4EVA sparked buying of bunds and selling of the Euro - mission accomplished.

But then the market decided to steal the jam out of Mario's farewell performance and reverse those moves entirely...

The euro is suddenly surging...

Source: Bloomberg

And 10Y Bund yields are soaring...

Source: Bloomberg

"...you're gonna need a bigger boat..."

Tyler Durden Thu, 09/12/2019 - 09:52
Published:9/12/2019 9:09:19 AM
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