Draghi’s Liquidity Drowns Out European Companies’ Brexit Woes

  • July was strongest month for European corporate bonds in years
  • ECB, BOE forecast to add to monetary easing at next meetings

The President of the European Central Bank Mario Dragh.

Photographer: Daniel Roland/AFP via Getty Images

When the U.K. voted to leave the European Union in June, corporate-bond investors across the region were rattled. Then they started buying like mad.

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