Eurozone SSAs stagger under BaFin blow but worse to come?
The European sovereign, supranational and agency debt markets recovered some of their poise late this week after a unilateral move by the German regulator to ban some forms of short-selling initially created havoc when announced on Tuesday evening. But more tough trading sessions await the currency bloc with European Union finance ministers meeting today (Friday) when the German parliament is also due to vote on the country’s bail-out contributions.
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