Dow Jones
- ECB govt bond buys not best way to tackle crisis
- ECB govt bond buys “problematic”, create false incentives
- EFSF buying govt bonds is “unproblematic”
Italian 10 year govt bond yield up 11 bps on day to 6.14%.
EUR/USD down at 1.2245.
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Bundsbank: Hasn’t changed view on ECB buying govt bonds
Bundsbank: Hasn’t changed view on ECB buying govt bonds
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