Corp market pleased as ECB to buy bonds below deposit rate
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Corp market pleased as ECB to buy bonds below deposit rate

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Corporate bond spreads firmed on Thursday afternoon, after the European Central Bank announced its long-awaited package of monetary easing measures, showing that, for this segment of the market, the ECB had done enough. Widespread fears of a sell-off if Mario Draghi, ECB president, underwhelmed have not so far come to pass.

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