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Is There a Release Valve in the Bond Market?
Eurozone inflation recently soared to a new record, and prices have jumped by a record of 10.7% in October. Core inflation also accelerated to anew record of 5%. So I'm curious, how will this impact the current ECB policy? Yeah, so we are talking about the soft pivot stance from peripheral central banks,. which are not the Fed and the European central bank can be effectively qualified as one.
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