No stopping Italy’s bond rally as yields tumble to one-month lows

By Dhara Ranasinghe LONDON, Sept 7 : Italy’s borrowing costs fell to one-month lows on Friday, setting up the bond market for its best week since June thanks to easing concern over fiscal largesse from the new anti-establishment government. Short-dated Italian bond yields have fallen more than 50 basis points this week after reassuring comments […]

Italy yields slip off 3-mth highs as ministers play down spending plans

By Virginia Furness and Abhinav Ramnarayan LONDON, Sept 3 : Italian bond yields came off three-month highs on Monday after key figures from the country’s anti-establishment government seemed to play down the chances the country would outline a 2019 budget in breach of European Union spending rules. It was a volatile day for Italian bonds […]

US bond yield gap tightens on signs of reviving euro zone economy

By Abhinav Ramnarayan LONDON, Aug 22 : The gap between German and US 10-year borrowing costs was close to its tightest level in two months on Wednesday, as the euro zone economy and inflation showed signs of improvement. The transatlantic spread hit its widest level in years earlier this year as the US economy powered […]

Ebbing euro zone growth saps business optimism

By Jonathan Cable LONDON, Aug 3 : Business activity in the euro zone lost some momentum at the start of the third quarter, hampered by a drop in new orders that sapped optimism in the private sector, a survey showed on Friday. But the pace of growth remained fairly robust, supporting European Central Bank plans […]

German yields at five-week highs as risk sentiment improves

By Abhinav Ramnarayan LONDON, July 24 : Germany’s government bond yields hit five-week highs on Tuesday as the potential for fiscal stimulus from China and strong corporate earnings from the United States boosted risk sentiment. Euro zone government debt has benefited from a flight-to-safety trade in recent weeks because of concerns around how trade tensions […]

EU Commission cuts euro zone growth forecasts, blames trade wars

By Francesco Guarascio BRUSSELS, July 12 : The European Commission cut on Thursday its forecasts for the euro zone’s economic growth this year, saying the main causes for the revision were trade tensions with the United States and rising oil prices which are pushing the bloc’s inflation higher. The slowdown of the euro zone economy […]