Southern European government
Southern Europe bonds rally as ECB pushes boundaries with new plan
Southern European government bonds rallied on Thursday, with yields on Italian and Greek debt tumbling after the European Central Bank announced the terms of its 750 billion euro bond-buying scheme to limit the impact of the coronavirus crisis.
Greek bond yields climb to two-month highs
Greece's five-year bond yield rose 10 basis points on Wednesday to 3.879 percent, its highest since early December.
Ten-year yields rose to a two-month high of 4.5 percent, even though Southern European government bonds were in demand yesterday, outpacing better-rated peers as data showed growth in the bloc was the highest in a decade in 2017.
[Reuters]
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