Dear Mrs Lagarde,
please assign an employee and buy all bonds from Greece.
The divergence must be addressed immediately before the end of the month.
Please also get the state security to find out who is selling their bonds here.
So it does not go on, that here insiders simply sell off before the outstanding bonds are converted into 100 year permanent...
Really, really remarkable to see this.
Remember the Greek/eurozone debt crisis? That's what the big spike is. Now, here we are. Greek bonds are nearing their lowest levels ever.
The only explanation is that people are seeking the safest form of assets in government bonds and Central Banks are becoming more helpful managing debt and supporting their countries.
In the short term, the ECB is still holding out against the capital flight from Greek government bonds, but it is powerless against the capital flight out of the euro.
The ECB's new bazooka won't help, Mrs Lagarde.
As you can see in the chart, the candy has been sucked and the trader world can see that too.
Best regards from Hannover (Lower Saxony)