Skip to main content

Should investors be worried by the ECB’s apparent taper?

The ECB’s recent announcement of a slower rate of asset purchases is not a sign that the normalisation in euro-zone monetary policy has moved closer. We therefore expect Bund yields to be still close to current levels in two years’ time. That means that property yields can fall by a further 35bps by the end of 2018.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access