Or, the German safe haven status that never was.

According to Citi’s latest bond and swap analysis, over the course of May bond traders have been selling out of German debt and buying into Greek debt (and the Netherlands). How very topsy-turvy.

Related links:
Friday’s ‘interessant’ eurozone bond trade – FT Alphaville
Wednesday Unglück: The Bobled German bond auction – FT Alphaville

This entry was posted by Tracy Alloway on Wednesday, June 2nd, 2010 at 10:26 and is filed under Capital markets. Tagged with eurozone, germany, government bonds, Greece, Sovereign debt. Edit this entry.