By far the most interesting story anywhere yesterday was the report written by Francesco Canepa of Reuters about the grave concerns of the European Central Bank over the state of the 5.5trillion euro short-term funding market. As Canepa put it, that market underpins Europe’s financial system.
Is the next financial crisis a European bond…
By far the most interesting story anywhere yesterday was the report written by Francesco Canepa of Reuters about the grave concerns of the European Central Bank over the state of the 5.5trillion euro short-term funding market. As Canepa put it, that market underpins Europe’s financial system.