DowJones News
15 Sep, 2021 06:28

DJ Eurozone Periphery Government Bonds Show Signs of Positive Dynamics -- Market Talk

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0621 GMT - Commerzbank is upbeat about the strong performance of eurozone peripheral government bonds, saying it sees promising dynamics as yield spreads continue tightening regardless of market direction. This has taken the 10-year Italian BTP-German Bund yield spread below the key 100-basis-point level, rates strategists at the German bank say. The 10-year BTP-Bund spread is trading at 99.4 basis points in early trade, with 10-year Spanish-German spreads at around 64 basis points and 10-year Portuguese-German spreads slightly below 55 basis points, according to Tradeweb. (emese.bartha@wsj.com)

 

(END) Dow Jones Newswires

September 15, 2021 02:28 ET (06:28 GMT)


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