It's that time of day. Picking up on Mario Draghi's earlier comments that the ECB may be ready...

|By:, SA News Editor

It's that time of day. Picking up on Mario Draghi's earlier comments that the ECB may be ready to pull more weight, the WSJ's Simon Nixon has a source saying the bank is weighing a plan to explicitly target certain levels of government bond yields. Should the markets test that bazooka, it would force the ECB to literally print enormous sums to back the debt of each EU state.