Huge ECB lending to EU banks "seems to have slightly spooked the markets," writes Matt Phillips...

|By:, SA News Editor
Huge ECB lending to EU banks "seems to have slightly spooked the markets," writes Matt Phillips in the WSJ, with eurozone bond yields turning upwards on the news. RBC's Adam Cole says the results are ambigious. "It’s either good news in that this facility is now being used or it’s bad news in the sense that it is needed," Cole says.