The rate banks say they pay for three-month loans in euros may rise today, according to Credit Agricole Corporate & Investment Bank.
Bondholders in Europe just got a wakeup call.
Treasuries interrupted a four-week rout after a technical indicator showed yields have climbed to levels that may increase demand.
German government bonds rose as weakening equity markets spurred demand for the safest assets amid concern that banks’ credit quality may be deteriorating.
"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
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