Market Comment | Gloomy mood in bond markets on rumours of possible ECB tapering

Summary

Rumours that the ECB might scale back (by €10bn a month) the asset purchases programme remained, pushing European sovereign yields up slightly. Although most analysts had been expecting a temporary extension of the programme or some fine tuning, the effect on  financial markets was moderate. However, the hawkish tone from Chicago Fed president Charles Evans […]

Geographies

Topics