The European corporate bond universe is c. 3 trn Euros much of it held by fragile open-ended investment funds, which are causing the ECB nightmares. Chartbook #174 #4 in the mini-series on global finance and the polycrisis.
ft.com/content/7bb0f2… https://t.co/IOxFSDCuET
RT @70sBachchan: @adam_tooze Oh SNB= Swiss national bank. I thought Swiss were waking up to fact that Saudi national Bank
RT @70sBachchan: @adam_tooze Oh SNB= Swiss national bank. I thought Swiss were waking up to fact that Saudi national Bank (also SNB) refus…