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...


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Calm returns to euro zone bond markets after Draghi storm


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