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Christine Lagarde calls rising bond yields ‘undesirable’ as ECB steps up purchases to soothe the market

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Summary List Placement

  • Christine Lagarde said the ECB was concerned rising bond yields could weigh on the recovery.
  • The ECB said it would step up the pace of bond purchases to try to support lending in the economy.
  • Rising bond yields have worried markets in recent weeks – but European yields fell after the decision.
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European Central Bank chief Christine Lagarde said on Thursday the recent rise in bond yields could have an “undesirable” impact on the economic recovery, after the ECB announced it would details ⇒

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