Italian bonds rise before Draghi's speech

Note: This section contains information in English only.
Source: Bloomberg
Italian bonds rose and corporate bond risk dropped to the lowest level in six years on expectations the ECB will intensify expansionary monetary policy. Italy's ten-year bond yields declined two basis points to 2%, while the corporate credit risk slid to the lowest level since May 2008. The European Central Bank may take rates into the negative territory today, as Mario Draghi, the President of the ECB, is looking for ways to avoid deflation.

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