With Euro-zone inflation weakening further last week, forecasts for ECB’s emergency asset-purchasing program (PEPP) are expecting the program to be extended until the end of 2021, according to Goldman Sachs. The shifting expectations for the program will surely cause short-term volatility in the EU bond market. Navigate the changing sentiment in the market and anticipate…
Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program next year Source: Reuters Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program from January when it will halve the size of the scheme to 30 billion euros ($35.3 billion) per month,…
Oxford Economics calculations suggests steady balance sheet from ECB will keep bond yields down Source: Bloomberg Markets As the European Central Bank brainstorms scenarios for winding down its 2.3 trillion-euro ($2.8 trillion) asset-purchase program, there is what may sound like a chicken-and-egg problem to solve. It goes as follows: when the central bank buys bonds and its balance sheet grows,…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
