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. ECB President Mario Draghi’s unprecedented buying of corporate debt has sent borrowing costs tumbling to a record and now yields on some securities are so low they fall outside the ECB’s own criteria. Societe Generale Global Strategist Kit Juckes discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."
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