Reply To: Traders Market Weekly: Short Squeezes and Bond Markets


The European Central Bank’s latest economic bulletin noted that ECB staff expects that a short and shallow recession took place at the turn of the year.
Consumer inflation expectations decreased to 5.0% from 5.4% while expectations for the next three years dipped to 2.9% from 3.0%, according to an ECB survey.
ECB policymaker de Cos said that the governing council plans to continue boosting rates “significantly” during the next few meetings.
Italy and Spain sold nearly EUR14 bln of debt to good demand.