The European Central Bank on Thursday lifted interest rates by 50 basis points, or half a percentage point, and approved a new tool designed to keep yields on bonds of Read more
Tag: antifragmentation
ECB’s ‘anti-fragmentation’ measure comes at just the right time for Italy
When the European Central Banks delivers its first interest rate rise in more than 10 years on Thursday, it is also expected to provide detail on a measure it hopes Read more
Italian bonds slump, euro flirts with parity ahead of ECB introduction of anti-fragmentation tool
Italian government bonds slumped on Thursday with Prime Minister Mario Draghi in danger of being booted out of office, only a week ahead of a new tool from the European Read more