PIMCO commentary on the European Central Bank announcement and their outlook

  • They see the ECB buying around EU4bn in non financial corporate bonds per month
  • Blue chip equities are 'not a far step away' for the ECB
    There is still a large amount of assets outstanding the ECB could still buy
  • Wouldn't be surprised if more ECB easing was needed

Headlines on Bloomberg

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We should sell 'em some ForexLive Bonds!