The market has priced in a rise in the ECB's main refi rate to -0.10% from -0.5% by year end. Bond yields in the periphery are also jumping. It sounds like ECB policymakers aren't liking what they're seeing.
The market has priced in a rise in the ECB's main refi rate to -0.10% from -0.5% by year end. Bond yields in the periphery are also jumping. It sounds like ECB policymakers aren't liking what they're seeing.