On this day, eight years ago, US banking giant Lehman Brothers filed for bankruptcy, sending shockwaves across the global financial markets. Now in 2016, has the world learned anything from the worst day in the history of banking?
David Buik of BGC Partners expects bond yields to fall in the coming months due to this liquidity injection. "We have seen Italy come down from 6% to 5.5%. We have seen Spain threatening to dip below 5%. This is a big improvement.