Banks deposit excess liquidity at the ECB
Markets: Fixed Income On Monday, global bonds ignored the better sentiment on the equity markets and moved again higher, albeit in very thin trading conditions. Technical buying and month end/quarter end duration extension buying offered support to the bond markets, especially at the longer end of the curve. The data and events hadn’t much impact, as the EU Commission Confidence Indicators showed a larger than expected improvement, but the BIS annual report painted a very gloomy economic
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