BLOOMBERG The Pulse March 9, 2015
The central bank will buy government bonds to the tunes of 60 billion euros a month. Lets talk about the implications of this with mark. The gestation. For this has been long. How significant is the day that it actually begins. This is Forward Guidance writ large. Everyone knows its coming and everybody guessed the german bonds would be first on the Shopping List read you are still seeing a lot. Morgan stanley says the supply is negative. Reductions are one think might happen, if you own government bonds and you are a bank, zero is great. One way you might get more bonds out of the banks and i...