Economics
ECB to Show Whether Pledge to Cap Yields Is More Than Just Talk
- Central bank will publish latest bond-buying figures on Monday
- Euro-area economy may be too weak to handle higher yields
The European Central Bank (ECB) headquarters in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank will reveal on Monday how serious it is about countering rising bond yields.
After days of top policy makers saying they won’t tolerate higher yields if they undermine the economy, the institution will publish its latest bond-buying figures at 3:45 p.m. Frankfurt time. A significant increase in purchases would show they are backing their words with action.