Spanish and Italian Bond Yields Reach for the Skies on Political Woes

Spanish and Italian Bond Yields Reach for the Skies on Political Woes
On Monday, yields on Spanish 10-year sovereign bonds posted their biggest one-day rise this year, gaining 23 basis points to hit 5.40 percent. Italian bonds moved in tandem, with 10-year sovereign bond yields posting a 14 basis point rise to hit 4.47 …
Read more on CNBC.com

TREASURIES-Bond prices fall on less glum European data
The market sell-off was also spurred by lower yields on Italian and Spanish sovereign debt after they jumped on Monday on worries about possible major political shake-ups in euro zone's third and fourth biggest economies. Another factor exacerbating …
Read more on Reuters

Hasenstab warning
Investors should sell their holdings of supposedly “safe” long-dated sovereign debt now, as yields on such securities are likely to spike significantly, Michael Hasenstab, who oversees a $ 175bn bond portfolio at Franklin Templeton, has warned. Ruling …
Read more on Financial News

Tags: , , , , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]