Re:The euro has tumbled near parity to the US dollar
by RandomLensman on Monday July 11, 2022 @05:46PM
(#32062378)
Let me phrase it differently: I don't see the need to invoke catastrophic risk to explain current FX moves. I would expect a tail event inferred from vol markets to start with.
German govt bonds are still being purchased by the ECB under QE so it makes sense their yields are suppressed.