ECB’s Foray Into Junk-Rated Bonds Seen as ‘Too Little, Too Late’By
Draghi acted under pressure to deliver, Paamco’s Pascualy says
Speculative-grade yields to decline in negative-rate setting
Mario Draghi’s foray into corporate bonds with junk ratings was an "aggressive" effort in monetary stimulus, but it still may not be enough to jump-start the region’s economy, according to Putri Pascualy at Pacific Alternative Asset Management Co.
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