No welcome from corporate bond market for ECB buying plan

ECB
By Jon Hay
23 Oct 2014

Bankers reacted with a mixture of scepticism and scorn this week to reports that the European Central Bank may be considering buying corporate bonds, as part of its efforts to restart the eurozone economy.

Bewilderment was a common response. “Is it on or off?” asked one corporate bond syndicate banker in London. “Reuters is saying they might, the FT that they might not.” 

Reuters reported on Tuesday ...

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