Europe's Bonds Surge as More ECB Easing Foreseen After Fed Holds

Updated on
  • Fed keeps interest rates at record low, cites global risks
  • BNP sees `extension of QE' by ECB in last quarter of 2015

European government bonds jumped after the U.S. Federal Reserve cited global uncertainty and financial turmoil to keep its benchmark interest rate at a record low on Thursday, fueling speculation that the euro region’s central bank could step up its stimulus measures.

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