The rate banks say they pay for three-month loans in euros may rise today, according to Credit Agricole Corporate & Investment Bank.
Spanish government bonds rose along with the securities of Europe’s most indebted nations as the euro area reported a trade surplus for November and Portuguese borrowing costs declined at a debt sale.
"The reaction is simply if the ECB expands its balance sheet, then it's more positive for the periphery."
- Peter Chatwell on Nov 06, 2014
Credit Ag’s Chatwell Calls Periphery `Best Risk Reward’ (Audio)
Chatwell on Bond Auctions, Wheeldon on Stocks
Chatwell Says Rising Yields Show Confident Market
Chatwell Discusses ECB Policy, Wardell on Oil
Credit Ag’s Chatwell Says Investors Seeking Havens