- Joined
- 9/25/10
- Messages
- 285
- Points
- 38
http://www.bloomberg.com/news/2011-...njoys-sole-safe-haven-status-euro-credit.html
Should bunds be considered equivalent of treasuries ( even if there is a downgrade and a rise in CDS, the bunds will rise), and bonds of every other European nation including France be treated as a corporate bonds, that is, even if the entire EU collapses the money will flow into bunds (the ultimate safe haven for Europe)?
Besides, with Germany, we are almost guaranteed fiscal prudence, unlike rest of EU.
Should bunds be considered equivalent of treasuries ( even if there is a downgrade and a rise in CDS, the bunds will rise), and bonds of every other European nation including France be treated as a corporate bonds, that is, even if the entire EU collapses the money will flow into bunds (the ultimate safe haven for Europe)?
Besides, with Germany, we are almost guaranteed fiscal prudence, unlike rest of EU.