Corporate credit skips with delight after ECB rate cut surprise
Credit markets reacted with delight on Thursday afternoon to the European Central Bank’s 10bp interest rate cut. Although at least three major banks’ economists had predicted it, most of the rest had not, and many market participants were taken by surprise.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts