Posts Tagged ‘Eurozone Bond market’

Eurozone Bond Investors Accused of Overreacting to Sovereign Risk

Wednesday, October 13, 2010 7:02 No Comments

Investors in eurozone bond market stand accused of letting “animal spirits” influence their judgement on the risk of a European debt default, creating a situation where where financial markets could force weaker nations into excessive budget cutting.
A senior official at the OECD criticized the behavior of some investors that has led to sharp swings in [...]

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