Market Talk

The QE ball is firmly in Draghi’s court

24th July, 2016
Mario Draghi is running out of things to buy Pic: Isopix/REX/Shutterstock

He is on the ultimate shopping trip. Not just government bonds, but debt issues by all kinds of companies across Europe, including bonds backing German highways, insurance companies and various other corporate entities.

There are plenty of Irish government bonds on the list too. Head to the website of the Irish Central Bank and look at the codes of the debt it has acquired as part of its €80 billion-a-month spending spree: it is pretty...

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