Draghi's Words Can Bite and $1.2 Trillion of Bonds Show How Much

  • Almost one-fifth of euro-area debt yields below deposit rate
  • Markets fully pricing in 10 basis-point cut in March by ECB

Is Draghi Raising Expectations Bad For the Market?

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Investors are expecting Mario Draghi to deliver more stimulus and not disappoint them for a second time.

QuickTake Europe’s QE Quandary