Image

And the award for the most savaged sovereign bonds at the tip of the crisis goes to…..

2 Oct

There is some conventional wisdom in some circles that tough conservatism make the markets love ya. Outside of the Baltics, fewer political elites are more conservative in how they talk about the evils of the state than the Romanian ones. Yet they got hammered like no one else (forget the Greeks) precisely when it was raining the hardest.

http://ftalphaville.ft.com/blog/2010/02/04/141226/the-scale-of-short-selling-sovereign-debt/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: