Yields on 10-year sovereign bonds for both Spain and Italy fell at today’s auctions. Spanish yields fell by 26 basis points, to 4.67% and Italian yields fell by 17 basis points to 5.88%. The strong showing is based on traders’ belief that a conclusion is about to be reached on the Greek debt swap deal.
The spread between Italian and German debt narrowed by 15 basis points, to 4.03%.
Contact [email protected] for any questions or corrections.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
Our top personal finance-related articles today. Your wallet will thank you later.
Top Gaining Stocks
Top Losing Stocks