Don't Rush to Sell Eurozone Corporate Bonds on ECB Taper Fears

We'll get to see the European Central Bank (ECB) account of its March 9 monetary policy meeting this coming Thursday, and there is some trepidation in the markets. Understandably, investors want to know how much further the ECB will go with tapering its asset purchases, which this month are lowered to €60 billion ($64 billion) a month from €80 billion.

One area of interest is that of corporate bonds, the purchases of which already have slowed considerably. According to Reuters, last week the ECB bought €1.5 billion ($1.6 billion) of corporate bonds, the lowest weekly amount since last December....538 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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