Bund's off the leash

Quote from TsunTzu:

Hence the reason they have a credibility problem.
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As a Yank that started trading European Sovereign Debt in 1997, from my perspective never use the term 'transparent' and 'credible' in the same sentence with 'European fixed income'.

Just me, but I feel very strong about it - the crap that I saw European Bank Desks pull just floored me.
 
Ain't that the truth.

Quote from Martinghoul:

My friend, if only that were the biggest problem of theirs... Something tells me they got more pressing issues.
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