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Global Markets - ECB warning shot sends euro, bond yields higher

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - The euro and bond market borrowing costs jumped on Thursday, as the European Central Bank signalled its 2.5 trillion euro stimulus programme could be wound down relatively swiftly this year.Worries about a U.S.-led trade war and a move from China that poured cold water on a report that it might stop buying U.S. debt had been driving bond and FX markets in the opposite direction until the ECB broke cover and turned the herd.A message that it could soon revisit the guidance it has carefully kept open on its mass money printing scheme was enough to send the euro ...

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First Published: Thu, January 11 2018. 21:28 IST
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