Is it such a safe haven to buy, just because of ECB QE? Meanwhile all European bank stocks are collapsing... because of ECB's wrong policy. We see serious breakdown in Eurostoxx Bank Index today!
Yes, in risk off, or during possible disintegration of European Union the German Bund can be some kind of safe haven. But hey, this is Italy , with largest Debt to GDP in Europe, and with a totally insolvent banking system.
Just thinking... maybe time to do some top hunting here. If risk off is coming, periferia bond spreads will start to widen again above Bund yield, regardless of ECB's action.
I sold small at 141,90 today. After all, daily haDelta hit an extreme high.