If the LTRO is viewed as what saved the eurozone in December 2011, then the February 29, 2012 offering will tell the ECB and the market, how tight the funding market is. For the next 8 days, the theme for euro trading will be the LTRO.
Steve Brice, chief investment strategist at Standard Chartered Bank tells CNBC-TV18 he expects government bond yields to soften post the LTRO announcement.
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