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Speakers
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German Chancellor Merkel said to be under pressure to lay out a path to ease Germany’s coronavirus lockdown
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France Fin Min Le Maire stated that he was not concerned about the recent increase in borrowing rates. Govt had spent €16B of the stimulus plan. Would not raise taxes or tax household savings
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BOJ said to be prepared to defend Yield Curve (YCC) range before its March policy review. BOJ had no pre-set level for stopping yield rise and would depend on the speed of gains. Could act before yield hits 0.3%
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Currencies/Fixed Income