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Sep 18, 2013

Italian bonds outperform, but moves limited before Fed

LONDON, Sept 18 (Reuters) – Italian bonds outperformed other
euro zone debt on Wednesday as former premier Silvio Berlusconi
was expected to steer his political allies away from moves to
bring down the government.

Market moves were limited, however, as investors were wary
of making big shifts in asset allocations before the end of a
two-day Federal Reserve meeting, where U.S. central bankers are
expected to start withdrawing monetary stimulus.

Sep 18, 2013

Italian bonds outperform, all eyes on Fed

LONDON, Sept 18 (Reuters) – Italian bonds outperformed on
Wednesday ahead of an appearance by Silvio Berlusconi expected
to steer his political allies away from moves to bring down the

European bonds, including benchmark German Bunds, all
crawled higher, reflecting expectations the U.S. Federal Reserve
will make only a modest reduction in its bond-buying programme
in a long-awaited statement at the end of the European day on

Sep 16, 2013

Euro zone bonds rise after Summers drops Fed candidacy

LONDON, Sept 16 (Reuters) – Euro zone bond prices rose on
Monday after Lawrence Summers, widely seen by financial markets
as less committed to ultra-loose monetary policy, withdrew from
the race to head the U.S. Federal Reserve.

Euro zone debt rose across the credit spectrum as investors
bet Summers’ withdrawal eased the risk of a Fed leadership that
would rein in its programme of support for the economy faster
next year than currently expected.

Sep 12, 2013

Cheapened German Bunds lure back buyers

LONDON, Sept 12 (Reuters) – German Bunds pushed higher on
Thursday as investors bought back into a cheapened market after
a slew of debt sales from higher-rated sovereign issuers.

Bunds tracked U.S. Treasuries higher after a 10-year
Treasury note sale drew strong demand the previous day and the
completion of big corporate debt sales – including a
record-breaking deal by Verizon Communications Inc.

Sep 12, 2013

Italian bonds underperform again as costs rise at auction

LONDON, Sept 12 (Reuters) – Italian bond yields rose on
Thursday and the country paid more to raise funds at an auction,
highlighting investor concerns about a political crisis that
some worry could stall efforts to revive the economy.

Rome sold the maximum planned amount of 7.5 billion euros
and demand for its three-year bond was higher than at an auction
of similar paper in July.

Sep 12, 2013

Italian debt lags Spain ahead of Rome auction

LONDON, Sept 12 (Reuters) – Italian bonds lagged their
Spanish counterparts as Rome prepared for a bond sale against a
challenging backdrop, with investors pricing in a simmering
political crisis in Rome and plans to issue more debt.

Italy will offer up to 7.5 billion euros of paper maturing
in 2016 and 2028, as well as floating rate bonds.

Sep 11, 2013

Italian bonds continue to lag Spain on political uncertainty

LONDON, Sept 11 (Reuters) – Spain’s 10-year yield premium
edged further below that of Italy’s on Wednesday as investors
fretted about the future of Rome’s fragile ruling coalition and
plans by its treasury to issue more debt this year.

Lawmakers held fire on Tuesday on a vote on whether to expel
Silvio Berlusconi from the Senate following his conviction for
tax fraud after allies of the former premier threatened to
topple the government. The debate resumes on Thursday.

Sep 10, 2013

Political turmoil lifts Italian yields above Spain’s for 1st time in 18 months

LONDON, Sept 10 (Reuters) – Italian government bond yields
rose above Spain’s for the first time since March 2012 on
Tuesday on concerns about the survival of Rome’s fragile
government coalition.

Both Italian and Spanish bonds outperformed higher-rated
debt as worries over a U.S. military attack on Syria ebbed,
pushing Bund yields close to their highest in 1-1/2 years.

Sep 10, 2013

Political woes drive Italian yields above Spain’s for first time in 18 months

LONDON, Sept 10 (Reuters) – Spanish yields fell below
Italy’s for the first time since March 2012 on Tuesday as
Italian bonds underperformed on concerns over the survival of a
fragile government coalition.

Both Italian and Spanish yields fell as concerns over an
imminent military attack on Syria receded, prompting German Bund
prices to hit their lowest since March 2012.

Sep 10, 2013

High-rated euro zone debt falls as immediate concerns over Syria recede

LONDON, Sept 10 (Reuters) – High-rated euro zone debt fell
on Tuesday as receding concerns of imminent military action
against Syria and upbeat Chinese data supported global stock
markets at the expense of safe-haven assets.

Ten-year German bond yields rose to 2 percent, as did those
on other low-risk euro zone bonds, including French, Dutch,
Belgian and Austrian.

    • About Ana

      "Ana Nicolaci da Costa is UK Economics Correspondent, covering monetary and fiscal policy in London. Ana previously worked as Reuters' Economics Correspondent in Brasilia and covered European markets, including the euro zone debt crisis. She began working for Reuters in 2004 in London, after an internship at the Financial Times. Ana has a Master's degree from the University of London and studied political science as an undergraduate at the University of Nottingham and Institut d'Etudes Politiques de Paris."
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