German Yield Curve to Steepen Further on ECB QE Limits, UBS Says

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  • UBS predicts ‘steepening bias’ to curve on ECB stimulus tweaks
  • Two- to 30-year yield gap closed Monday at widest since May

It’s crunch time for the European Central Bank, according to analysts at UBS Group AG, as the institution needs to address the issue of whether to extend its asset-purchase program.

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