ECB rate pledge gives short-lived bond boost

ECB rate pledge gives short-lived bond boost
The central banks' comments followed the market turbulence triggered by US Federal Reserve plans to lower the pace of its quantitative easing, which has also led to sharp rises in European government bond yields, which move inversely to prices. “It was …
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ECB's guidance will help stop market rates rising: traders
BANGALORE (Reuters) – The introduction of forward policy guidance at the European Central Bank will help prevent euro money market interest rates from rising, according to a firm majority of traders polled by Reuters on Monday. ECB President Mario …
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