Glenn Marci News
-
Italian and Spanish bonds surged, driving yields down the most since the euro began in 1999, as the European Central Bank bought the debt to stop the fiscal crisis infecting the area’s third- and fourth-largest economies.
-
German bond yields were near the lowest in over two weeks amid concern a compromise deal on the U.S. debt ceiling won’t prevent a credit-rating downgrade of the world’s largest economy.
-
German bonds snapped a six-day advance as optimism that U.S. lawmakers will push through a compromise on the debt ceiling and avoid a default led investors to seek higher-yielding assets.
-
Greek government notes led gains by securities from the euro region’s most indebted countries as speculation that the Mediterranean nation will default subsided, boosting demand for riskier assets.
-
Greece’s government bonds rose amid speculation Prime Minister George Papandreou will win a confidence vote today, paving the way for the country to receive financial aid.
-
Greek government bonds slumped, leading the securities of Europe’s most indebted nations lower, after Standard & Poor’s gave the country the world’s lowest credit rating amid speculation it’s moving closer to a default.
-
Italy’s 10-year borrowing costs rose to the highest in almost three years at a second day of bond sales in the midst of concern about contagion from the sovereign-debt crisis.
-
German 10-year bunds fell on speculation that oil prices driven higher by unrest in Libya and the Middle East won’t be enough to derail the economic recovery.
-
Ireland’s bonds led a third day of declines by the securities of Europe’s most indebted nations after Moody’s Investors Service cut the nation’s credit rating to the lowest investment grade.
-
German 10-year bonds fell, after the securities rose last week for the first time since Nov. 5, amid concern policy makers will step up action to quell Europe’s debt crisis and damp demand for bunds.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page