LONDON, Dec 14 (Reuters) – German Bunds held broadly steady
on Friday, as investors welcomed European steps to overcome the
debt crisis but stayed cautious over an impasse in U.S. budget
talks, leaving the market devoid of clear direction.
After four days of losses and a lower open, traders said
bargain-hunters were buying back into the market and they
expected further price swings as liquidity thinned and investors
adjusted positions into the end of the year.
LONDON, Dec 11 (Reuters) – Italian bonds rebounded on
Tuesday from a selloff but political tensions, fueled by Prime
Minister Mario Monti saying he would resign early, were expected
to keep Italy’s debt choppy in the coming weeks.
A selloff that started on Monday gradually reversed course
during Tuesday morning to leave Italian yields down on the day
but still above two-year lows reached last week.
Italy’s borrowing costs over ten years drew closer to five percent after a decision by Prime Minister Mario Monti to step down early left the country’s political future unclear, hurting riskier euro zone debt.
Monti said on Saturday he would resign once the 2013 budget was approved, raising questions over who will take the reins of the euro zone’s third largest economy at a time when it remains a focus of the region’s three-year debt crisis.
LONDON, Dec 6 (Reuters) – Italian and Spanish government
bonds fell on Thursday as political developments in Italy
prompted investors to cash in on a recent rally, giving German
Bunds a lift before a European Central Bank decision.
Italian premier Mario Monti’s government survived a Senate
confidence vote on economic measures but a walkout by Silvio
Berlusconi’s PDL party indicated political tensions were rising
before an election expected in March..
LONDON, Dec 6 (Reuters) – German Bund futures traded in
tight ranges early on Thursday with investors expecting little
from the European Central Bank policy meeting and as an impasse
in U.S. budget talks left them without clear direction.
The ECB is likely to keep interest rates on hold later in
the day but may offer clues on its policy path for next year
with updated forecasts likely to present a grim outlook for the
euro zone economy..
LONDON, Dec 3 (Reuters) – Greek bonds rallied on Monday
after Athens announced better than expected terms for its
planned debt buy-back, boosting chances it will succeed and lead
to the release of fresh aid funds.
The International Monetary Fund has said it needed to see
the results of the buy-back operation before approving its part
of the new aid tranche to be released to Greece.
LONDON, Dec 3 (Reuters) – Greek government bond prices
rallied on Monday after details were announced of its debt
buy-back – a central part of a deal to release aid funds to the
economically crippled country.
Yields on other lower-rated debt also fell, though German
Bund futures stuck to gains because of underlying concerns over
U.S. budget talks.
LONDON, Nov 29 (Reuters) – Italian 10-year bond yields hit
two-year lows on Thursday, with a near-term deal to keep Greece
afloat encouraging investors to snap up higher-yielding euro
zone debt as supply pressures ease into year-end.
Borrowing costs also dropped significantly in one of Italy’s
last debt auctions this year. But the low yields resulted in
below-average demand, fuelling worries that the rally has little
more room to go and prompting some investors to book profits.
LONDON, Nov 29 (Reuters) – Italian borrowing costs hovered
near their lowest in nearly two years on Thursday as appetite
for higher-yielding euro zone debt persisted and benefited an
auction of five and ten-year paper.
Appetite at the Italian auction was buoyed by a further
improvement in sentiment towards riskier debt after a deal on
the next tranche of Greek aid this week was seen as reducing the
systemic risk in the region.
LONDON, Nov 29 (Reuters) – Italian bond yields fell to their
lowest in nearly two years on Thursday before a sale of five-
and ten- year bonds, with market participants divided on how the
sale will fare given the recent bond rally.
The Italian treasury is seeking to place up to 6 billion
euros of the bonds at an auction that could bring Rome within
reach of its 460-465 billion euros ($594-$600 billion) 2012