Posts tagged ‘European Central’

The OMT and Europe’s Five Options – Actually, Only Two – For Addressing Their Debt Problems

Last September, you may recall, the European Central Bank (ECB) announced their new bond-purchase plan, Outright Monetary Transactions, or OMT. What’s interesting is that the OMT hasn’t purchased a single bond, and yet Spanish and Italian bond yields have fallen a few hundred basis points since…

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