Time for a bit of food for thought here. The landscape is slowly shifting here. We all know who the really big boys are in this business, I have only been going on about them for weeks here.
They are changing the playing field, they are always chasing the tiniest returns ever since interest rates have dropped to zero, those returns were safe in one particular 10 year here in the EU as a slightly higher return was to be had then across the pond, that advantage has now eroded in the last few weeks and I for one would surely see Pimco and the likes changing their tune here in the coming weeks, they are nothing if not predictable.
Proper fundie traders have taken this to heart in the past few weeks and are keeping a close eye on the flow of money, which is easy to spot to keep them on the right side of the moves.
They are changing the playing field, they are always chasing the tiniest returns ever since interest rates have dropped to zero, those returns were safe in one particular 10 year here in the EU as a slightly higher return was to be had then across the pond, that advantage has now eroded in the last few weeks and I for one would surely see Pimco and the likes changing their tune here in the coming weeks, they are nothing if not predictable.
Proper fundie traders have taken this to heart in the past few weeks and are keeping a close eye on the flow of money, which is easy to spot to keep them on the right side of the moves.