The yields on Portuguese government bonds fell today across all maturities, reversing the trend observed the previous day, similar to movements in Spain, Greece, Ireland, and Italy.
At 08:10, the yield on the 10-year sovereign bond decreased to 3.137%, after having risen to 3.169% on Tuesday.
The five-year yields followed the same trend, dropping to 2.448%, compared with 2.474% in the previous session.
Similarly, the two-year yields fell to 1.980%, against 1.990% the previous day.
The yields on Germany’s 10-year bond, considered the safest in Europe, decreased to 2.735%, compared to 2.773% the previous day.
In line with this, the yields on two, five, and ten-year bonds in Spain, Greece, Ireland, and Italy were also declining.
Sovereign debt yields in Portugal, Spain, Greece, Ireland, and Italy at 08:10:
2 years…5 years…10 years
Portugal
20/08…….1.980…2.448…..3.137
19/08…….1.990…2.474…..3.169
Spain
20/08…….2.049…2.505…..3.308
19/08…….2.060…2.531…..3.339
Greece
20/08…….2.077…2.658…..3.390
19/08…….2.088…2.678…..3.415
Ireland
20/08……1.971…2.406…..2.970
19/08……1.989…2.437…..3.008
Italy
20/08…….2.201…2.752…..3.539
19/08…….2.209…2.762…..3.565
Source: Bloomberg Bid values (yields required by investors to purchase debt) compared with the previous session’s close.
