Market Comment | Bond sell-off during the week following Draghi’s remarks

European sovereign bond yields increased sharply and the EUR appreciated strongly during the week (in both peripheral and core countries), as investors saw Mario Draghi’s speech (see) as hawkish. Mr Draghi stressed that as the economy continues to recover, the monetary policy stance will become more accommodative and the central bank can adjust the current […]

Autores

Geografías

Temáticas