Not exact matches
As well as
record low interest rates it also introduced U.S. - style quantitative easing (QE)-- buying
assets to stimulate lending — which is used to stoke
inflation and boost the economy.
Elsewhere, at the single country and
asset class fund levels, High Yield Bond Funds
recorded their ninth consecutive outflow while
Inflation Protected Bond Funds took in fresh money for the 10th time in the 11 weeks, year - to - date.
But long - term government bond yields fell to
record lows for many euro area countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise
inflation and
inflation expectation by adjusting the size, pace and composition of
asset purchases, if the currently announced policies prove to be insufficient.
The prolonged period of low interest rates has played a role in spurring
record pricing and general
asset inflation.