Selling in the Portuguese bond market takes a breather, with yields falling sharply from...

|By:, SA News Editor

Selling in the Portuguese bond market takes a breather, with yields falling sharply from euro-era highs. The 2-year is down 78 bps to 20.23%, the 10-year down 99 bps to 16.4%. Keep in mind, bid-ask spreads on Portuguese paper are wide enough to drive a truck through. The yield curve in Portugal.