Bloomberg (August 22)
2018/ 08/ 24 by jd in Global News
The European Central Bank’s quantitative easing program “has driven down European credit spreads.” In September, as the ECB scales down this operation, it’s “going to be a tough wrench seeing the biggest buyer in the room step away. Average spreads over benchmark government bonds may already be showing the strain.”
Tags: Benchmark, Biggest buyer, Credit spreads, ECB, Government bonds, QE, Strain
