ECB's Governing Council member Stournaras says there is currently an unwarranted tightening of bond yields

Market news

26 February 2021

ECB's Governing Council member Stournaras says there is currently an unwarranted tightening of bond yields

There's no fundamental justification for a tightening of nominal bond yields at the long end
Governing Council should instruct board at March 11 meeting to fight unwarranted tightening of financial conditions
ECB should accelerate PEPP purchases

European stocks closed: FTSE 100 6,483.43 -168.53 -2.53% DAX 13,786.29 -93.04 -0.67% CAC 40 5,703.22 -80.67 -1.39%

U.S.: Personal income surges and spending rebounds - TD Bank Financial Group

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