The much heralded asset-backed securities purchase programme will only yield about €250bn-€450bn in assets over the next two years. More LTRO (or the newer targeted LTRO) will prove a challenge as sovereign bond yields in Europe are so low that … Continue reading (FT) Scott Minerd–Europe must act now to avoid ”˜lost decade
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(FT) Scott Minerd–Europe must act now to avoid ”˜lost decade
The much heralded asset-backed securities purchase programme will only yield about €250bn-€450bn in assets over the next two years. More LTRO (or the newer targeted LTRO) will prove a challenge as sovereign bond yields in Europe are so low that … Continue reading (FT) Scott Minerd–Europe must act now to avoid ”˜lost decade