European bond yields just keep on falling - the Portuguese is perhaps the most dramatic: its 10-year has fallen from 18% to 3.5% in just over 2 years

European bond yields just keep on falling - the Portuguese is perhaps the most dramatic: its 10-year has fallen from 18% to 3.5% in just over 2 years. (VIEW LINK). It's not just Portugal by any means. This from the business insider: Not long ago, Italy was one of a handful of so-called PIIGS countries, peripheral European countries that investors were avoiding like the plague. Others in this category included Greece, Ireland, Spain, and Portugal. And even France made investors nervous. These countries had (and continue to have) high levels of government debt, and generally mediocre economies overall. The fear was that the countries wouldn't be able to service their debt, and that they would possibly default and revert to their old currencies, leaving bond investors in the lurch. But now look, Italian government bond yields are at their lowest levels in history: (VIEW LINK)


Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter