The Euro zone seems to be looking at a downward trend since the Bund is overvalued especially the two year Bund , but it will improve according to experts. The bonds though dropped today after reports predicting that the European Central Bank may positively increase interest rates by year 2007. Even that the ECB may be increasing the refinancing rate by 5th october to 3.25 percent .Vigilance on the ECB's decision has still to be maintained!!!!!
No comments:
Post a Comment