Major Says ECB Must Push Spain, Italy Yields Below 5%

Major Says ECB Must Push Spain, Italy Yields Below 5%
Aug. 9 (Bloomberg) -- Steven Major, global head of fixed-income research at HSBC Holdings Plc, talks about the European Central Bank's purchase of Italian and Spanish bonds. Major, speaking with Owen Thomas on Bloomberg Television's "On the Move," also discusses the outlook for US and UK bond yields. (Source: Bloomberg)
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