Global Bonds Battered a Day After Draghi Rout

Posted by Wall Street Journal

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Screen Shot 2015-06-04 at 6.37.22 AM

Screen Shot 2015-06-04 at 6.37.22 AMECB chief said investors should get used to volatility

The bond move is really significant and that is sending huge shock waves through the market and driving investors to reduce their exposure to any risk,” said Philip Lawlor, a partner at London-based Smith & Williamson Investment Management LLP. 

He said ECB President Mario Draghi had “injected a huge amount of uncertainty into markets and that is still having a major impact.”

…read the rest of this Wall Street Journal article posted and updated at June 4, 2015 9:40 a.m. ET HERE – M/T Ed