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0 sats \ 12 replies \ @Satosora 26 Apr \ parent \ on: Eurozone Inflation Trends: Unicredit and Deutsche Bank Analysts' Insights econ
Dont they buy other bonds?
Or is usa the major one?
I thought china and russia would have one?
Apart from government bonds from the eurozone, US bonds are the largest item
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Why dont they just by their own instead of the us?
Wouldnt that stabalize the euro a bit? Not saying it will help a lot but it has to help prop it up a bit...
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This is precisely the trap: the ECB has to buy up the new debt of the eurozone countries that are essentially insolvent, thereby pushing interest rates ever lower, while without intervention interest rates in the United States would have continued to rise. this interest rate spread is the mother of all problems for the eurozone, which is losing massive amounts of capital.
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