Calm returns to euro zone bond markets after Draghi storm

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Calm returns to euro zone bond markets after...
 © CyprusMail 2020
Euro zone bond yields crept up on Wednesday, with a degree of calm returning to markets a day after a surprise hint from ECB chief Mario Draghi of more stimulus triggered the biggest one-day fall in borrowing costs in years.

A U.S. Federal Reserve rate decision later in the day provided another reason for bond investors to pause for thought.

Ten-year bond yields across the bloc were 1-2 basis points higher in early trade – a mere blip in the scale of the moves seen on Tuesday after Draghi said policy would be eased again if inflation fails...


This article was automatically added to our system 19-6-2019

Calm returns to euro zone bond markets after Draghi storm


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Article Tags: returns, markets, after, draghi, storm,