European Bond Yields Crash To Record Lows After Uber-Dovish Draghi

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Draghi fired his forward-guiding-bazooka and bond yields across Europe (and UST) tumbled in obeyance…

German and French yields crashed to record lows…

And while yields are sliding and the curve flattening, EU banks are bid

Finally, we note that all of Europe’s bond yields now trade below US Treasury yields

And while Greece has been trading inside the UST 10Y for a few days, Poland has now joined the sub-UST club…for the first time ever.


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