ECB's bond buying plan may not cheer up markets: Tom Vosa
PUBLISHED ON: September 6, 2012 | Duration: 4 min, 24 sec
The ECB is likely to announce a government bond buying program today to help keep sovereign bond yields in check. Tom Vosa, Head of Market Economics - UK, National Australia Bank, says that the markets are setting themselves up for more disappointment. "The fine print of the ECB's plan is still to emerge and may involve strict conditions for peripheral nations in return for ECB support," he added.