Market Comment |The ECB dovish stance had mute impact on yields

Summary

The ECB reinforced its dovish tone but yield remained broadly steady. The euro appreciation suggests that markets had a much more dovish view. Global markets fluctuate waiting for US payrolls release and development in trade negotiations.

Key points

• Key points:
• The ECB reinforced its dovish tone
• Search for yield continued benefiting peripheral bonds

Geographies

Topics

Tags