The Corporate Bond Buying Challenges Facing the ECB

Mario Draghi is propelling European corporate bond issuance toward a record. Non-financial companies sold 49.4 billion euros ($56.3 billion) of notes in the single currency this month, just 400 million euros shy from an all-time high of 49.8 billion euros last March, according to data compiled by Bloomberg. The European Central Bank president’s announcement of an expansion of its 1.5 trillion euro stimulus package to include corporate bond purchases fuelled a recovery in issuance from the worst start to a year since 2011. Credit Suisse Deputy Chairman Robert Parker discusses with Bloomberg’s Anna Edwards on “Countdown.”

Full Show: What'd You Miss? (08/17)
57:47 - Guests include: Eurasia Group's Federico Santi, BMO Capital's Brian Belski, Geopolitical Futures founder George Friedman and Goldman Sachs & Co.'s Gary Chropuvka. (Source: Bloomberg)
  • Why Bond Investors May Be Wrong About Inflation
  • Bloomberg Markets: The Trump Economy 8/17/2017
  • Full Show: Bloomberg Daybreak: Americas (08/17)