Foreign Investors sell off Eurozone bonds

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Nigel Cassidy

Foreign Investors sell off Eurozone bonds

Nigel Cassidy
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Foreign Investors sell off Eurozone bonds
It seems the world doesn't want to hold Europe's debt so much Foreign investors sold Eurozone bonds for the first time since 1999 in 2016, according to the European Central Bank. Overseas bond holders reduced their net holdings of eurozone debt by €192bn last year. The banks Quantitive Easing Program, as well as global political shocks has cooled overseas demand for the continent’s debt. The main candidates in the French elections took part in a TV debate last night.... If far right candidate Marine le Pen wins the presidency, it could trigger a so called "Frexit." Guntram Wolff, director of Bruegel spoke to James Brydges

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