Draghi warns high volatility here to stay

draghi-ecb2

European government bond yields spiked today (June 3) after Mario Draghi warned "we should get used to periods of higher volatility", after the European Central Bank (ECB) kept its monetary policy stance unchanged.

10-year bond yields in Germany, France, Spain and Italy all jumped after Draghi's comments – with the Bund climbing 16 basis points to 0.87% at the time of writing. "At low levels of interest rates asset prices tend to show higher levels of volatility," he said.

President Draghi ackno

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: