deposit rate can in theory be even more negative
rapidity of bond market reversal is worrying
ECB to front-load QE in May, June for seasonal reasons
will accelerate QE now before summer market lull
lower bound not hard constraint for monetary policy
ECB has reached effective lower bound
bond-market rout sign of reduced liquidity globally
Euro under further pressure with EURUSD testing 1.1250 1.1230 on the remarks
Text of a speech to be given in London
Update: Speech was given last night but just released by ECB
