LONDON, Nov 22 (Reuters) – Portuguese bond yields fell on
Friday outperformed other euro zone debt markets, after economic
data showed a continuing tentative recovery in the debt-laden
Expectations that the country’s international lenders will
give Portugal another thumbs-up when they complete the third to
last quarterly review of its bailout in coming weeks is also
supporting the downward grind in its yields.
LONDON, Nov 21 (Reuters) – Euro zone debt fell on Thursday
in choppy trading after minutes of the U.S. Federal Reserve’s
October meeting fueled concerns it could soon scale back its
Adding to the downside, European Central Bank President
Mario Draghi played down talk that the central bank was
considering an unprecedented policy of making banks pay to
deposit cash with it overnight in a bid to boost economic
LONDON, Nov 18 (Reuters) – Italian bonds edged up on Monday
as investors attracted by prospects of a more stable government
and ultra-easy central bank policy snapped up the five-year debt
on offer in an exchange operation.
The Treasury assigned 3.3 billion euros of benchmark
December 2018 bonds in exchange for five bonds due in 2015 and
2017 in a bid to ease its near-term repayments.
LONDON (Reuters) – The European Central Bank has the option to buy assets outright if needed but because there is no joint euro zone bond to buy, other instruments are easier to use, Executive Board member Yves Mersch said on Friday.
The ECB cut its main interest rate to a record low last week, alarmed by a sharp drop in inflation, and calls have grown for the institution to follow other central banks which have spent billions on asset purchases to get their economies going.
LONDON, Nov 14 (Reuters) – Euro zone bonds rose on Thursday
after comments by Federal Reserve governor-designate Janet
Yellen suggested she was in no hurry to scale back monetary
Yellen, in remarks released ahead of her Senate confirmation
hearing, said the U.S. central bank has “more work to do” to
help an economy and labour market that are still
LONDON, Nov 13 (Reuters) – German Bunds jumped on Wednesday
after investors took dovish comments from a European Central
Bank official as an excuse to buy back into the debt market.
The ECB could adopt negative interest rates or buy assets
from banks if needed to lift inflation closer to its target,
Executive Board member Peter Praet told the Wall Street Journal.
LONDON, Nov 11 (Reuters) – Portuguese bond yields fell on
Monday, outperforming a broader rebound in euro zone debt after
Moody’s raised its outlook on the country’s ratings to stable
The agency’s move after European markets closed on Friday
was the latest in a series of pieces of news which has improved
sentiment towards Lisbon since a government crisis sent 10-year
yields back above an unsustainable 8 percent in July.
LONDON, Nov 11 (Reuters) – German Bund futures edged higher
on Monday, after seeing their biggest one-day fall since
September in the previous trading session, with the market
poised for a quiet day due to a U.S. public holiday.
The move was part of a broader rebound in euro zone bonds,
after a sell-off on Friday, when higher-than-expected U.S. jobs
numbers brought forward bets of a cut in U.S. monetary stimulus.
LONDON (Reuters) – Euro zone bonds rallied across the board on Thursday after the European Central Bank surprised markets by cutting interest rates to a new record low and said monetary policy would remain loose.
Short-dated German yields fell to multi-month lows and Italian yields hit a new five-month trough after the ECB cut rates by 25 basis points to 0.25 percent. The euro zone central bank said it could take borrowing costs lower yet to prevent an economic recovery from stalling as inflation tumbles.
LONDON, Nov 6 (Reuters) – Italian bond yields held near
five-month lows on Wednesday after record demand at a retail
sale of inflation-linked bonds reduced the country’s funding
needs for the rest of the year.
Italy raised just over 22 billion euros with a sale of
4-year debt. It was the biggest single bond
sale by a European government and prompted the Treasury to close
it more than two days earlier than planned.