ECB formally ends QE, keeps reinvestments open-ended.
The European Central Bank decided on Thursday to formally end its 2.6 trillion euro ($2.95 trillion) bond purchase scheme but said it would keep reinvesting cash from maturing bonds for a long time after its first interest rate hike.
Meh, I hoped for at least a little reaction (down) in the Bund Future. Seems like this was 100% priced in. German 10-year still at 0.27%.
Submitted December 13, 2018 at 09:30AM by inv252 https://ift.tt/2Bec1uf
