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BNP Paribas Asset Management

2022 Top 500 ranking: 33

ECB enters era of informal yield curve and spread control

ECB enters era of informal yield curve and spread control

The ECB is expanding its pro-growth and pro-inflation asset purchases and allowing the buying programme to run for longer. The objective is to safeguard favourable financial conditions as the eurozone grapples with the economic fallout of the COVID crisis. In effect, the ECB is encouraging investors to search for yield, ...

BNP Paribas 

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