The Mumble: Peripherals may benefit from 0% at the ECB

July 13, 2012 12:00 AM

The ECB’s decision to cut its deposit rate to 0% has been met with widespread derision, cries of unintended consequences and little in the way of positive benefits for either the financial markets or the real economy. But for those SSAs that have struggled to get attention in euro commercial paper, now is the time to make hay while the sun shines.

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