‘Game changers’ see bonds take first step towards end of QE

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‘Game changers’ see bonds take first step towards end of QE

QE

The European bond market this week finally showed its first acknowledgement that the end of European Central Bank (ECB) quantitative easing (QE) is nigh. Opinions are still split as to whether the bond buying will end in September or be extended to December, but new issue pricing has stepped wider regardless, write Nigel Owen and Bill Thornhill.

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