Bond Market Liquidity Comes Under Review as EU Pushes for Growth
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The European Union will conduct a “comprehensive review” of liquidity in corporate bond markets as policy makers comb through rules put in place since the financial crisis in search of impediments to growth.
“The decline of market liquidity is, of course, the subject of a lively debate,” Jonathan Hill, the EU’s financial-services commissioner, said in a speech in Amsterdam on Thursday. In addition to the review, “when it comes to new measures, we’ll be careful to avoid anything that could make the situation more difficult,” he said.