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"You have a massive flight to safety".
Andrew Roberts, head of European rates strategy at RBS, told Reuters there's little sign of a 'gilt strike' hitting Britain: The massive flight to quality is ongoing: European bonds haven't really done much this morning and the UK has shown over the past two weeks that there's a willingness to buy at these yield levels.
There was a massive flight to quality, with bond prices rising sharply.
Investors saw emerging markets as a single asset class and bailed out of their holdings in Eastern Europe and Latin America as well as Asia in a massive flight to quality.
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With depressed oil prices and falling currency exchanges, not to mention a massive flight of white collar expatriates from the region, the Gulf is headed for stormy times.
The measure is intended to prevent a massive flight of capital, but many of the side effects are severe.
The crash of Flight 1907 precipitated a major crisis in Brazil's civil aviation system, which included massive flight delays and cancellations, air traffic controller work-to-rule slowdowns and strikes, and public safety concerns about Brazil's airport and air traffic infrastructure.
The financial chaos in Greece over months of torturous bailout negotiations took its toll on the already devastated economy, causing a massive flight of capital out of Greek banks and leading to the imposition of capital controls restricting the flow of money in the country.
Those who wanted to stay said leaving would provoke a massive flight of industrial investment.
Although there was not a massive flight of Italian Jews from Italy during this period (compared to the situation in Germany) composer Mario Castelnuovo-Tedesco, an Italian Jew, was one of those who emigrated.
In Cyprus, they briefed us that this did happen because they felt Cypriots would be reassured by the idea of this massive flight that dropped loads of notes, and therefore they wouldn't run to get all their euros out from the banks [as they probably would have done had they thought the cash was going to run out].
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