Another 1188-1200 bound market today?
Not sure why there's so much Eurobond speculation today when everyone knows that option is off the table and prohibited from the Sarkozy/Markel talks. If traders are expecting some sort of Eurobond solution, I would sell the news as missed expectations would mean weakness for both the Euro and the market. CHF continues to fall ahead of Swiss National Bank meeting tomorrow, which may peg it to the Euro.
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