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Bonds in demand with Italy unloved
Started:November 8th, 2011 (08:20 AM) by Quick Summary Views / Replies:488 / 0
Last Reply:November 8th, 2011 (08:20 AM) Attachments:0

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Bonds in demand with Italy unloved

Old November 8th, 2011, 08:20 AM   #1 (permalink)
Quick Summary
Bonds in demand with Italy unloved

US treasuries remain in demand as Italian Prime Minister Berlusconi faces calls to resign amid concern the country will struggle to pay its debt obligations. In the middle of the US curve, benchmarks had extended their O/N gains as Italy’s 10-year yields reached +6.74%, another new record high, on signs the government was about to topple. Since the record print and with global bourses in the black, has FI giving up some of those early European gains. It seems that [...]

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