Is Trichet Secretly Intervening Massively In The Bond Market Right Now?

trichet euro ecb

Interesting….

A little while ago, the euro was plunging as Jean-Claude Trichet failed to deliver a bazooka.

But! PIIGS debt is still rallying. Why?

ForexLive notes chatter regarding ongoing bond buying happening right now.

Markets are rebounding.

What a morning. It’s not even 9;30 yet. Remember when that mattered?

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