L'aiutino americano al governo populista
The famous "markets" voted pro
“Tuesday evening, Wednesday and yesterday too. The large American funds have started massive purchases of Italian government bonds. The "buy" was initially triggered by the algorithms that read the breach of the downward threshold and activated the automatic operations.
Bridgewater, Aqr, Glg e Ahl I'm in the front row, but to swell the group, after the outposts, Of Citi e Jp Morgan, they started yesterday Blackrock, Pimco, Prudential e Dodge & Cox.
All funds ready to enter phase two of purchases: wait for volatility to stabilize downwards to plunder titles at discounted prices.
Who they work for, especially investment banks such as Citi and JP Morgan, it is not known.
They are in fact primary dealers who act on behalf of third parties.
American pension funds are certainly interested in our depreciated debt, but also the English ones. The first effect of the massive American entry was to balance yields and mitigate the trend of the spread on the German bund downwards.