Draghi Fires Starting Gun on Corporate Bond Purchases in Europe

  • Engie, Telefonica, Generali bonds among those bought by ECB
  • Central bank also bought AB InBev, Siemens, Renault notes

Will Draghi's Bond Buying Push the Euro Lower?

The European Central Bank entered new territory in its efforts to stimulate the euro region’s flagging economy, plunging into the corporate bond market on Wednesday and buying the debt of some of the continent’s biggest companies.

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