ECB Has the Tools to Control Bond Market, GSAM’s Finkelstein Says

The video discusses the outlook for European yields, predicting they will remain unchanged until mid-2021, with more dynamic stories expected elsewhere, particularly concerning the Federal Reserve and fiscal policies. The European Central Bank (ECB) is seen as having control over the yield curve but not the euro, which has been strengthening against the dollar, tightening financial conditions. The ECB lacks tools to stop currency appreciation but can manage the bond market.

What is the expected trend for European yields until mid 2021?

What are the implications of negative rates on the European yield curve?

What opportunities arise in other markets due to the situation in Europe?

How does the ECB influence the yield curve?

What challenges does the ECB face regarding currency appreciation?