Bond investors expect the European Central Bank to cut interest rates at its next meeting, but they are less clear on whether the ECB will relaunch asset purchases. Some market participants expect the ECB to wait for a German court to rule on a challenge to the legality of the program before deciding whether to revive purchases.
Sign up for CPA Letter Daily
The latest CPA news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.