It seems like Lagarde message yesterday produced some effects. The ECB emergency meeting led to 2 decisions: 1) ECB triggered flexible PEPP reinvestments; 2) ECB internal committees were tasked with accelerating the completion” of a new anti-fragmentation tool.

The Italy 10-year spread vs. Bund dropped by 25bps as a consequence.

Source: HolgerZ, Bloomberg

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  • 九度于荣发
    ·2022-06-17
    这篇文章不错,转发给大家看
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  • 方达利源
    ·2022-06-17
    额额
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  • 梦幻般的生活
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  • 铑金
    ·2022-06-17
    666
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