ECB’s Stimulus Lifted Peripheral Bonds, But Not Stocks Nor Euro

<p>ECB’s massive coronavirus pandemic program do have notably impact on peripheral bond markets. In particulars, Italian and Spanish bond yields dropped sharply today, with Italy 10-year yield back below 1.9% currently, Spanish 10-year yield below 0.9%. The boost to other markets is not that apparent though, as European stocks are quick to reverse initial gains […]</p>
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