BLOOMBERG Bloomberg Real Yield June 30, 2017
Put. Confusing. S were of the titanic should we have been waiting for. The speech itself, im not sure the market is interpreted it. There is a very clear shift in the tone relative to the last policy meeting. Quite a dramatic tone. Backslide to expand how tightening is not really tightening. I think the hope was if you explain it that way, Financial Markets will not get into a tizzy. I did not read draghis statement on tuesday to be anywhere near as bearish as the market is taking it. I take it the other way. I think it is a signal from draghi that even if there is going to be further support ...