Italian bond yields continue to dive, the 10-year BTP off 28 bps to 5.67%, the lowest yield...

|By:, SA News Editor

Italian bond yields continue to dive, the 10-year BTP off 28 bps to 5.67%, the lowest yield since October. Relativity is an amazing thing: 5.67% looks outstanding compared to the 7%+ yields over the past 10 weeks, but it was just last summer when anything over 5% signaled danger and over 6% was a sign of coming doom. EWI +2.6%.