ECB sees worsened liquidity in bond markets

Worsened liquidity is as good as ‘QE taper’ as ECB will be having a hard time buying the designated amount of bonds under the QE program. In fact, ECB has already fallen short of German bonds for three consecutive months.

So QE Taper has already begun… ECB will soon announce it officially.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s