The ECB and eurozone governments are preparing to take co-ordinated action to buy government bonds in an attempt to bring down borrowing costs for Spain and Italy, Le Monde reports. The eurozone, via the EFSF and ESM rescue funds, would purchase debt directly from government and the ECB would act in the secondary market. The speculation comes a day after Mario Draghi's "whatever it takes" comment.
The ECB and eurozone governments are preparing to take co-ordinated action to buy government...
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs