Luca Cazzulani News
-
European government bonds rose, led by the securities of higher-yielding nations such as Italy and Spain, amid speculation the Federal Reserve and other central banks will maintain stimulus to keep borrowing costs low.
-
German government bonds dropped for a third week as European Central Bank President Mario Draghi said the region’s economy should return to growth later this year, damping demand for fixed-income assets.
-
Spanish government bonds declined, with 10-year yields extending their first monthly increase since August, as the nation announced it was selling bonds due between 2015 and 2023 next week.
-
Italian bonds advanced, with 10-year yields dropping from a six-week high, after the nation met its target amount at a debt auction, signaling demand for the securities picked up following losses this month.
-
The widening yield gap between 10- and 30-year German government securities suggests recent gains in Spanish and Italian bonds may prove unsustainable.
-
Italian 10-year bonds rose for a fifth week, with yields dropping to the lowest in more than seven years, after the European Central Bank cut interest rates and pledged further stimulus to support growth.
-
German 10-year bunds fell for the first time in five days as Cyprus studied options to renegotiate an international bailout, damping demand for Europe’s safest fixed-income assets.
-
Treasuries snapped six days of declines before the first of three debt auctions totaling $66 billion this week.
-
Italian short-dated bond futures may offer investors better protection against price swings in Irish and Portuguese debt than contracts tied to longer-maturity securities or German notes, according to UniCredit SpA.
-
Euro-area banks may tap the European Central Bank next week for almost as much three-year cash as they did in December in an operation that could prolong a rally in bond markets.
|
|
Most Popular on Bloomberg
|
| |