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.
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.
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.
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
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.
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.
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.
LONDON, Sept 9 (Reuters) – German government bonds dipped on
Monday, after sharp gains on Friday made on below-forecast U.S.
jobs data, as investors continued to bet on the U.S. Federal
Reserve trimming monetary stimulus this month.
Italian bonds eased as a special Italian Senate committee
met to consider expelling former premier Silvio Berlusconi from
parliament, a move that would threaten the country’s fragile
LONDON, Sept 3 (Reuters) – German bond yields rose near
1-1/2 year highs on Tuesday after above forecast U.S. data
supported the case for the Federal Reserve to reduce
bond-buying, while Spanish debt came under pressure before an
auction this week.
Spain returns to the market after a summer recess on
Thursday, aiming to borrow 3 to 4 billion euros in a sale that
is was expected to be well-received.
LONDON, Sept 2 (Reuters) – Investors in high-yielding
peripheral euro zone bonds are having their cake and eating it
Like emerging assets, lower-rated euro zone debt greatly
benefited from the trillions of dollars of stimulus that central
banks pumped into the financial system as investors sought
alternatives to core bonds yielding next to nothing.
LONDON, Sept 2 (Reuters) – German bond yields rose on Monday
as riskier assets drew comfort from U.S. President Barack
Obama’s decision to put off any military action against Syria
until after consulting Congress.
Data showing China and much of Europe’s manufacturing
sectors grew in August also cooled demand for lower-risk
government bonds to the benefit of equities and higher-yielding
euro zone debt.