Wednesday, September 26, 2012

The Swiss Central Bank Is Running the Printing Presses & Having Some Very Peculiar Effects On Eurozone Bond Markets

Switzerland's effort to stop its currency strengthening has led its central bank to buy eurozone bonds equivalent to half the total deficit in the region's "safer" countries. James Mackintosh, the FT's investment editor, reported on September 25 2012 that central banks are driving bond yields. http://video.ft.com/v/1860718215001/Alpine-imbalances (4m 33sec)

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