The European Central Bank may decide all good things must come to an end after today’s allocation of long-term loans. The ECB’s three-year lending may approach a total of 1 trillion euros ($1.35 trillion) when the second Long Term Refinancing Operation is allocated at 11:15 a.m. in Frankfurt. Banks will ask for 470 billion euros, according to the median of 28 forecasts in a Bloomberg News survey, after taking 489 billion euros at the first tender in December. While the flood of three-year cash has been credited with fueling a rally on Europe’s crisis-roiled bond markets and safeguarding the region’s banks, the ECB ... (full story)