Bond volatility welcome in fostering risk awareness
- current bond market volatility not exceptionally high
- central banks globally risk being over burdened
- French public finances are in "bad shape",
- France needs to act a role model for smaller economies
- danger of Greek insolvency is growing daily
- sees room for improvement in German public investment
- ECB QE risks might outweigh benefits of normalisation of inflation
BUBA chief Jens Weidmann speaking in London having a pop at France and Greece. And we know he was never a fan of QE so that comment is a given really
Weidmann - Talk to the hand cos the face ain't listening