Markets Too Dependent on Draghi and Yellen, Says Jakobsen
On The Move
German 10-year government bonds held a three-day gain before the European Central Bank announces its latest monetary policy decision on Thursday. Europe’s benchmark securities were little changed after yields fell on Wednesday to the lowest in almost two months, amid speculation policy makers will step up their asset-purchase program or adjust its rules to ease a perceived scarcity of bonds available to buy. Saxo Bank CIO Steen Jakobsen discusses with "On the Move" hosts Manus Cranny in London and Caroline Hyde in Berlin.