Who buys Bunds? These stats on primary purchases from the Finanzagentur only confirm that we really don’t know who ends up holding them. CB barely register here. Hardly any purchases outside Europe. I argue case for more real transparency here:
socialeurope.eu/time-to-expose… twitter.com/PhilippaSigl/s…
The Eurozone will bounce back in 2021 but nowhere near fast enough given impact of 2020 shock! @gavekal via @SoberLook
The Eurozone will bounce back in 2021 but nowhere near fast enough given impact of 2020 shock! @gavekal via @SoberLook thedailyshot.com/2021/02/25/ame… More grist to the