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Spanish and Italian 10-year bond yields start the year on the right note - as far as governments...

Spanish and Italian 10-year bond yields start the year on the right note - as far as governments are concerned - with those of Spain dropping 11 bps to 5.16%, the lowest since March 20, and those of Italy dropping 17 bps to 4.35% after touching 4.34%, the lowest since December 2010. The ECB's pledge to buy sovereign debt could help the rally continue well into 2013.
Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    To even be reporting this is a farce....when a Central bank is the buyer...what rreal market is there ..you make it sound like the countries are getting stronger hence the rate drop..its not even close to that..its just a printing press "buying" their junk...and I think Spain has 160 billion to sell this year....and is that junk..economics out the window..its all Central Bankers now...printers
    2 Jan 2013, 07:26 AM Reply Like
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