We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bazooka blues

11 November 2014 By Neil Unmack

The European Central Bank’s bid to boost its balance sheet by 1 trillion euros is distorting the prices of the covered bonds it’s buying. Inefficient markets can breed trouble. But that may be the necessary collateral damage of central bank action.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)