No good answer to the end of QE question
Ever since European Central Bank president Mario Draghi announced corporate bonds were to be included in the central bank’s quantitative easing programme, there has been a cacophony of dissenting voices debating the rights and wrongs of the policy. Yet no one seems to be talking about the biggest concern as the end of QE nears: the valuation of bonds the policy has affected.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: