“The volatility we've seen in European bonds this year has been quite spectacular and it hasn't been a very good year. In the middle of the year, staying bullish in European bonds would have been one of the worst trades.”
“The volatility we've seen in European bonds this year (2005) has been quite spectacular and it hasn't been a very good year. In the middle of the year, staying bullish in European bonds would have been one of the worst trades.”
