LONDON, Feb 4 (Reuters) – Spanish government bond yields
rose sharply on Monday as investors grew wary that mounting
political uncertainty could derail this year’s rally and the
pressure of upcoming bond auctions exacerbating the selloff.

In Spain, Prime Minister Mariano Rajoy was facing calls to
resign over a corruption scandal in which he denies any
wrongdoing.

LONDON, Feb 4 (Reuters) – Spanish and Italian government
bond yields rose on Monday as investors grew wary that mounting
political uncertainty in both countries could derail this year’s
strong rally in higher-yielding euro zone debt.

In Spain, Prime Minister Mariano Rajoy was facing calls to
resign over a corruption scandal, and in Italy
the growing popularity of former premier Silvio Berlusconi was a
worry for investors in the run-up to elections this month.

LONDON, Feb 1 (Reuters) – German Bund futures fell on Friday
as markets resumed a shift away from assets used as a hedge
against economic weakness and financial stress, but trading was
light ahead of a batch of U.S. and European data.

Bund futures fell 15 ticks to 141.75, unwinding
modest gains made in the previous session when regular month-end
buying offered some respite from the worst month for German debt
since June last year.

LONDON, Jan 31 (Reuters) – Money market traders may need to
reappraise the likely speed of short-term rate rises on Friday
when they find out how far banks intend to use their second
chance to return emergency loans.

Markets moved quickly to factor in a steady rise in money
market rates last week after the European Central Bank announced
that 137 billion euros ($186 billion) of the three-year loans -
more than most had expected – would be repaid at the first
opportunity.

LONDON, Jan 29 (Reuters) – Newly-issued Portuguese bonds
have fallen in value since their sale last week, suggesting
investors’ so far ravenous appetite for higher-risk euro zone
sovereign bonds may have been sated for now.

Portugal’s first bond sale since its 2011 international
bailout generated a massive 12 billion euros of demand for the
2.5 billion euros of debt issued, and came hot on the heels of
equally-popular syndicated sales from Spain, Italy and Ireland.

LONDON, Jan 28 (Reuters) – German 10-year bond yields rose
to their highest in over three months on Monday after a
bigger-than-forecast rise in U.S. durable goods orders dented
demand for low-risk debt.

The U.S. data, for December, triggered a renewed slide in
Bund prices that started on Friday after European Central Bank
figures showed banks planned to repay a bigger than expected 137
billion euros of three-year loans snapped up in late 2011.

LONDON, Jan 28 (Reuters) – German yields were steady on
Monday but looked set to creep higher over the medium term as
banks repay emergency loans from the European Central Bank early
and drive up money market rates.

The ECB announced on Friday that 137 billion euros of
three-year banking sector loans would be repaid early.

LONDON, Jan 24 (Reuters) – German Bund futures reversed a
rally and ended lower on Thursday as business surveys showing
tentative signs of strength in some major economies offset
pockets of weakness in euro zone data.

German bond prices rallied to three-week highs in early
trading as French business activity numbers fell short of
expectations. But above-forecast survey results for Germany’s
private sector dented enthusiasm for the perceived safety of
Bunds and upbeat U.S. data reversed the trend.

LONDON, Jan 24 (Reuters) – German bond prices rose to a
three-week high on Thursday after French business activity data
fell short of expectations and pointed to a recession in the
euro zone’s second-biggest economy.

Above-forecast German data slowed the rise
in demand for low-risk assets, but diverging fortunes among the
region’s largest economies raised concerns that the euro zone’s
recovery is vulnerable if Germany is the only source of growth.

LONDON, Jan 24 (Reuters) – German bond prices rose to a
three-week high on Thursday after French business activity data
fell short of expectations and pointed to a recession in the
euro zone’s second biggest economy.

Above-forecast German data stemmed the rise
in demand for low-risk assets, but the discrepancy will flag
concerns that the euro zone’s recovery is vulnerable if only
Germany can generate growth. Those concerns were supported by
Spanish figures showing another record high unemployment rate.