Reuters poll: Chance ECB buys sovereign bonds rises to even odds - traders

There is now an even chance the European Central Bank will buy sovereign bonds, according to a Reuters poll of traders taken after the Bank of Japan shocked markets by unexpectedly expanding its already massive asset buying programme. "The move by the BOJ is likely to put more pressure on the ECB to ease policy as well," said one trader at a large dealer. Euro zone money market traders gave a median 50 percent chance of ECB sovereign debt purchases, up from 40 percent in a similar Reuters poll on Oct. 13. A majority of those traders said if the ECB does decide on government debt purchases then it is most likely to happen in the first half of 2015.

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