Set up for a disappointment. Draghi and co would like more time to see the effects of TLTRO before considering the last resort. So I guess we have to wait til the December operation before going full retard.
I'm not quite sure that the banks will take up TLTRO and put it to use the way ECB intend if they know the central bank is configuring something bigger better and freer. What do I know, I will just sell bund up spike and buy bund down spikes regardless!
So lets just look at some charts instead.
Bunds being where there are doesn't give much scope for upside levels, so its time to pay attention to yield charts.
bund 30 mim
Eurostoxx Weekly
Euro stoxx 240min
Euro Stoxx 30 min
CME Eur futures 240min
€ curve
€ teds
btp-bund
oat-bund
tya-bund
gilt-bund
Have fun
L
