European Daily: Speculating on an ECB Backstop

ECB officials have signalled the possibility of a new backstop tool for sovereign debt markets. We think their main objective… »
ECB officials have signalled the possibility of a new backstop tool for sovereign debt markets. We think their main objective… »
Our Euro area financial conditions index (FCI) has tightened about 60bp since mid-November, driven by higher long-term yields and lower… »