The Weekly Fix: Jamie Dimon’s Scraps, Brexit’s Last Supper

Boris Johnson, U.K. prime minister, left, and Ursula von der Leyen, president of the European Commission, ahead of a dinner meeting at the Berlaymont building in Brussels, Belgium, on Wednesday, Dec. 9, 2020. Johnson is heading into what may be the most important meal of his life: a dinner with the head of the European Commission in Brussels that could make or break a post-Brexit trade deal.Photographer: Aaron Chown/PA Media

Welcome to The Weekly Fix, the newsletter that thinks perhaps it was not pavlova the Europeans served, but Eton Mess, which may have been intended as a sentimental offering. Fine distinction. -- Emily Barrett, Asia FX/rates editor.

The European bond market is all but dead. The latest action from the European Central Bank -- which has extended its pandemic bond buying program and added another 500 billion euros ($607 billion) -- is another nail in the coffin.