FT: — ECB signals fire up Eastern
European bond rally.
Not exact matches
The
European Central Bank is all but certain to cut back on its
bond - buying stimulus on Thursday, one of the biggest factors supporting the
rally in global stock markets in recent months.
Treasury yields fall after tepid eurozone inflation data spark German bund
rally European government
bonds strengthened as inflation weakensTreasury yields retreat on Thursday by falling rates in
European government
bonds after eurozone inflation data came in weaker than expected.
5) Spreads were wide one week ago, even among
European government
bonds, and last week, as these two posts from Accrued Interest point out, we had a significant
rally in spread terms last week.
The US Fed indicated further moves would be dependent on global factors and oil prices — a key detail signifying that future rate hikes seem likely to develop on a slower scale, causing a
European government
bond market
rally on Thursday, sending yields lower in the region.
The
bond rally and forex drop in value have been driven by fears of deflation and speculation that the
European Central Bank will need to continue, if not increase, the purchasing of debt to stimulate the region's economy.