Bonds pogo as ECB QE plans trigger ambivalence
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Bonds pogo as ECB QE plans trigger ambivalence

Draghi ECB December 2016 PA 230x150

The true effect of the final European Central Bank governing council meeting of the year may not be known for weeks, with many in the market in disagreement over just how dovish it was. But one more tangible suggestion is that public sector borrowers will face steepened euro curves in the new year, writes Craig McGlashan.

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