Author: RosalinKGV
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Sentiment Lifted on Speculations that ECB would Buy Corporate Bonds
Market sentiment improved, mainly driven by a Reuters report citing comments from “people familiar with the matter” that the ECB would include corporate bonds in its covered bond purchase program. Peripheral bonds in the Eurozone rallied after the report as investors raised speculations that the central bank is moving towards a full-blown QE.
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Sentiment Lifted on Speculations that ECB would Buy Corporate Bonds