Relevant:
2012-09-07 — nakedcapitalism.com
On Thursday, ECB chief Mario Draghi announced a bond-buying program that had been largely leaked the day prior, namely that of a new bond buying program, the Outright Monetary Transactions, or OMT. Bond yields in Italy and Spain had already come down on the rumor, and stock markets around the world rallied on the news.
The enthusiasm appears overdone when you look at the sketchy details.
original article |
permalink to this page |
forum thread |
|
RSS |
Subscribe by email! 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
|
FreeRateUpate.com Mortgage Rates
|
