Quotes from Danske Bank:
-In our view, the ECB will have to include bonds that yield negative. This is because close to 30% of the European government bond market is already yielding negative and this is even before the ECB has entered the market (in our upcoming paper we will discuss the financial implication further).
-In the German government bond market, where the ECB will buy around EUR10bn per month, the share of bonds with a negative yield is close to 60% hence it would be very difficult for the ECB not to buy bonds with a negative yield.
