Derivs balk mid-rally on Draghi bombshell
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Derivatives

Derivs balk mid-rally on Draghi bombshell

Draghi ECB December 2015 PA 230x150

It took what some have called "drastic" measures by European Central Bank chief Mario Draghi, but Thursday’s short-lived euphoria took Europe’s credit derivative market almost back to where it began the year – only for it and other asset classes to suffer another bout of neuroses and hit reverse.

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