Bond yields have risen sharply since the ECB promised a series of rate hikes last Thursday and the spread between the yields of Germany and more indebted southern nations, particularly Italy, soared to its highest in over two years.
Invitations to the meeting were sent out on Tuesday and some policymakers, who were expected to attend a conference in Milan on Wednesday, called off their appearances. Earlier, ten-year German yields , a benchmark for the 19-country currency union, had hit 1.77%, their highest level since early 2014 while their Italian counterparts jumped 240 basis points higher, the largest spread since early 2020.
She argued that as a first line of defence, the ECB could deploy cash from maturing bonds into stressed markets and if needed, the bank could devise a new instrument.
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »