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"The E.F.S.F. is not enough," said Christoph Rieger, head of interest rate strategy at Commerzbank.
"It feels like continued liquidation," Brian Edmonds, head of interest rates at Cantor Fitzgerald in New York, said.
Christoph Rieger, head of interest rate strategy at Commerzbank in Frankfurt, said, "Someone needs to give in".
"Treasuries at these low yields are not great trades," said Brian Edmonds, head of interest rates at Cantor Fitzgerald.
David Keeble, global head of interest rates at Credit Agricole in New York, said: "He took out the bazooka.
Mark Schofield, head of interest rate strategy at Citi comments: "It is not just the ratings agencies who will be scrutinising policy measures going forwards.
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"It's not the negative yield that attracted investors," said Michael Pond, co-head of interest rates strategy at Barclays Capital.
At a time when the heads of interest groups are media stars, Mr. Deets prefers to work in the background.
WALL STREET JOURNAL Interest Rate Strategist Departs Morgan Stanley | James Caron, head of United States interest rate strategy at Morgan Stanley, is being replaced by Laurence Mutkin, who runs European fixed-income strategy in London, Bloomberg News reports.
"I believe that is where we are headed, but it is not going to happen overnight," said Laurent Bilke, head of European interest rate strategy at Nomura in London.
"We've seen a lot of liquidation by non-European investors," said Laurent Fransolet, head of European interest rate strategy at Barclays Capital in London.
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