Speculators Not Wagering Much Against Periphery Country Eurobonds

Cheparinov Ivan
Euro Greece
Image by karpidis

Speculators Not Wagering Much Against Periphery Country Eurobonds
Given how many commentators believe that Greece is destined to default on its bonds (particularly since they are subordinate to any new money from the IMF and EU), you’d think they’d be putting their money where their mouth is. But the old saw in the US is “don’t fight the Fed”. And the same logic appears to apply with the ECB. John Dizard of the Financial Times reports that perilous little in …
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Marta Przeździecka
Euro Greece
Image by karpidis