Posts Tagged ‘Irish 2-yr note’

Notes From Underground: RUMOR OF THE WEEKEND–ECB WILL CAP RATES ON PERIPHERAL DEBT

August 19, 2012

There are several stories making the rounds this weekend that the ECB is planning to announce that it will CAP interest rates on Spanish and Italian DEBT. It seems that the ECB is floating an idea to see how the market responds to the idea of aggressive action by the ECB. Some are even calling it “THE BIG BAZOOKA.”

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