price German LT bonds suddenly plummeted

Discussion of the Bond portion of the Permanent Portfolio

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johntaylor
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price German LT bonds suddenly plummeted

Post by johntaylor » Fri Jul 12, 2019 11:03 am

In a few days time price of german 30yr bund fell strongly:
https://www.boerse-berlin.com/index.php ... 0001102432
Is there a logical reason for this or is it just general 'market sentiment' ? I can't imagine it is caused by the news Christine Lagarde being new head of ecb, because general view is this rises chances for new QE's.
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