CSPP still running but real money pull-back keeps corporate bonds on hold

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CSPP still running but real money pull-back keeps corporate bonds on hold

ECB 230x150 euro sculpture
Euro-Sculpture in front of ECB in Frankfurt am Main, Hesse, Germany Photo by: Daniel Kalker/picture-alliance/dpa/AP Images | Daniel Kalker/Daniel Kalker/picture-alliance/dpa/AP Images

The European investment grade corporate bond market produced a zero-issuance Monday this week, as investors re-assessed their positions after the UK’s surprise vote to leave the EU.

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