How can we know that the markets are already selling European government bonds? Can this be seen in the chart? I'm curious about this.

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Look at the yield spike today. 22 bps is huge and it means vice versa a strong selling

Ah I see. The Euro is kind of rising against the USD though, which is strange. In other words, people might be moving from bonds to defence stocks.

Which just means again that Europe has no saving basically. There's no free economy in Europe, only elites playing chess...