PIMCO commentary on the European Central Bank announcement and their outlook
- They see the ECB buying around EU4bn in non financial corporate bonds per month
- Blue chip equities are 'not a far step away' for the ECB
There is still a large amount of assets outstanding the ECB could still buy - Wouldn't be surprised if more ECB easing was needed
Headlines on Bloomberg
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We should sell 'em some ForexLive Bonds!