Short BTP. It is just question of time to finish the "flag denial" on weekly.
Should the 2,25 - 2,35 % yield zone break, BTP mkt would be slaughtered. Look at the upside on the yield chart, and you will understand how bearish it can go: measured target would be around 3,80 %.
Again, burn it into your mind: bond markets are in danger rather than equities!
p.s.: Before novice guys start asking stupid suestions: if you short bonds, you expect the yields to rise. That's why this post is marked as "Short".
Nice análisis, thanks.
So ECB has not enough power?
Kumowizard
⋅
They have, until they change policy. And if you read from the puzzles of BIS and major central banks, you can quickly come to the conclusion ECB will start tapering soon. @Sandro29,
So ECB has not enough power?