Barclays: EGB trading in euro area requires caution

The effects of QE on peripheral spreads according to Barclays

“On technical details of the PSPP programme, one aspect to watch out for would be whether the ECB revises the list of the agencies that they buy. Overall, President Draghi is likely to indicate that ECB QE has got off to a good start operationally and price action terms in the market and that it will continue on its QE path. Next week will also be a supply-heavy week in the EGB market with up to €29bn issuance due, which is about €10bn higher than the weekly average so far this year,” Barclays market watchers pointed out.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

Be the first to comment on "Barclays: EGB trading in euro area requires caution"

Leave a comment