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Transcripts For BLOOMBERG Bloomberg Markets Americas 20161208

Thinking to buy assets below the deposit rate if thinking to buy assets below the deposit rate if needed, by bonds maturing in the one to 30 year range versus two, and the rates kept unchanged previously and downside information average at 1. 7 in 2019. So much to digest the markets like it, particularly the equity markets, rising for the fourth consecutive day, and led by [indiscernible] this highlights todays market in life that the initial reaction was the ecb tapering everyone, but the ecb did not use the word tapering. Mario draghi said later, and then the details came out. The ecb can buy bonds below the deposit rate, they can buy bonds in the one to 30 year range. That is why the euro is down by after initially rising by. 5 of 1 earlier. We rose to the highest in one month ahead of the meeting. The dollar,inst since falling to a mark lu on november 3. Adam this amort from pimco said it is essentially a rate cut today. Look at the reaction in the bond market. Interesting. The yie

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