whatsapp whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPuffer fish snaps a selfie with lucky divernypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.com Tags: NULL Share Monday 20 December 2010 8:58 pm KCS-content ECB takes its foot off the gas in bond purchase programme Show Comments ▼ THE European Central Bank (ECB) slowed its rate of sovereign bond purchases significantly last week, figures out yesterday showed. The ECB bought €600m’s (£507m) worth of gilts in the week to last Friday, marking a sharp downward shift from its purchases of €2.7bn, €2bn and €1.3bn in the previous three weeks respectively. Last week also saw a disappointing auction of short-dated Spanish debt, with Spain selling less than expected and paying more for its money. The slowdown in special bond purchases in part reflects a market wind-down before Christmas, but could also signal a concession to its board’s more hawkish German membership.However, the lighter intervention is likely to be temporary. ING Bank’s Martin van Vliet said: “With the Eurozone debt crisis far from over, the ECB will probably be forced to ramp up its bond purchases again early next year.”Goldman Sachs has estimated that, between them, Spain, Belgium, Italy and Portugal will need to refinance €707bn’s worth of debt next year.With yields skyrocketing, it is likely that the ECB will be pressured to intervene in secondary markets to temper borrowing costs.
rbwoojym September 4, 2021 admin