Higher-rated yields tick up as U.S. fiscal boost soothes nerves

Reuters | Mar 25, 2020 at 4:51 PM

Most euro zone bond yields edged higher on Wednesday after policymakers in Europe and the United States approved extraordinary measures to lessen the impact of the coronavirus crisis, although stock markets suffered some losses.

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Club Med takes on the Frugals in EU ‘corona bond’ bailout battle

Reuters | Mar 25, 2020 at 4:39 PM

Leaders of nine EU countries urged the bloc on Wednesday to issue a “common debt instrument” to cushion their economies from the shock of the coronavirus crisis, challenging Germany and others adamantly opposed to pooling risk across the continent.

UK tells banks to keep lending through coronavirus crisis

Reuters | Mar 25, 2020 at 4:35 PM

British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and Bank of England said on Wednesday, after promising 330 billion pounds ($389 billion) in loan guarantees.

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