Italy's remarkable bond rally continues, the 2-year note yield diving 19 bps to 2.98%, the first...

|By:, SA News Editor

Italy's remarkable bond rally continues, the 2-year note yield diving 19 bps to 2.98%, the first time under 3% since June. Eight weeks ago, the yield was north of 7%. The 10-year is off another 8 bps to 5.6% Italian bond futures ETN: ITLY +11.7% YTD.