ECB Can’t Solve Political Fallout on Bond Markets, Nagel Says
(Bloomberg) -- The European Central Bank won’t act to address government-bond-market fluctuations that stem from political risks, according to Governing Council member Joachim Nagel. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasAsked about the spike in French borrowing costs related to uncertainty over next year’s budget, the Bundesbank president