ECB reins in settlement of sovereign-bond sales

08/23/2011 | Wall Street Journal, The · Reuters

Last week, the European Central Bank settled €14.29 billion in government-bond sales, down from €22 billion the previous week. Italian and Spanish bonds likely accounted for much of the sales, although the central bank doesn't break out such data by country. The effort helped yields on Spanish and Italian bonds stabilise at about 5%.

View Full Article in:

Wall Street Journal, The · Reuters

Published in Brief: