Part of me thinks that this is a crafty way of raising interest rates (to combat inflation) though the eurozone without too many people clocking it. This action is going to mean there is has to be an extra risk premium on German debt and since the rest of the eurozone bonds are priced on top of that yields on them have to rise too.
Then on the other hand I'm thinking, "Nah, none of 'em are that smart. "
Then on the other hand I'm thinking, "Nah, none of 'em are that smart. "
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