Reading Rate Signals Keeps Range Tight

21 Nov 2013

Conflicting signals from the world’s two most important central banks kept credit markets in a tight range.

Conflicting signals from the world’s two most important central banks kept credit markets in a tight range.

Reports that the European Central Bank is discussing negative deposit rates gave spreads positive momentum. ECB policy makers have raised the possibility of cutting the deposit rate from 0% to -0.1%, according ...

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