In the same category

ECB’s pivot toward rate hikes feeds fears of new bond crisis

IMG Auteur
 
Published : June 30th, 2022
87 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

YahooFinance-Bloomberg/Carolynn Look/6-27-2022

“European Central Bank policymakers gather on a Portuguese hillside on Monday with the sinking feeling that their rush to tackle the inflation shock they failed to forecast risks both a recession and echoes of the euro area’s sovereign debt crisis.”

USAGOLD note: New crisis same as the old crisis? The fear of sovereign defaults inspires a wave of selling which drives up rates for the nation-state in question. “The ECB,” says one analyst (a former BoE policy maker), “is in great difficulty.” That happened quickly………

Read the rest of the article at USA Gold
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS