Draghi Sends Corporate Yields So Negative He Can't Buy Them

  • Yields on some company bonds are quoted below minus 0.4%
  • Central bank asset purchases now exceed 1.3 trillion euros

Is Draghi Doing Enough to Support Loan Growth?

The European Central Bank is starting to price itself out of the corporate-bond market as yields plumb such lows that some notes are no longer eligible for its purchase program.

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