The international dimension of the ECB’s asset purchase programme: an update

Also Interesting

• 5 Reasons to Consider EM Local Bonds
• Finding Value in US Financials
• No alternative to equities

Paris, 26 October 2018 

• APP led to notable net capital outflows and a compression of global term premia
• Euro area bond investors largely unreactive to reduction in net APP purchase pace
• Euro area investors remain important buyers of US debt securities