DislikedShort-sale bans on shares have been used as temporary measures in the wake of the Lehman collapse but this is the first ban on the sale of government bonds. It is a big negative from a macro perspective for reserve managers who want big, deep, free capital markets in the markets in which they invest. IF this is more than a temporary measure, if could be a major euro negative.
piters,,can you tell us in detail ,,why it would be bad for the eur?? what will happen to eur/usd ... i dont understand your fundie language