Big winners in the world of fixed income this year are the bonds of the EU periphery, with...

|By:, SA News Editor

Big winners in the world of fixed income this year are the bonds of the EU periphery, with Portuguese debt returning 48.8% and Italy 19.5%. Lately of interest are Spanish and Italian yields falling even when broader financial markets get jittery, the sort of correlation rarely seen over the past coupe of years.