The yields on Portuguese debt declined today across two, five, and ten-year terms, a trend mirrored in Spain, Greece, Ireland, and Italy. Similarly, in Germany, the ten-year bond yields also decreased.
At 08:08, the yield on ten-year sovereign bonds in Portugal fell to 3.129%, following a decrease to 3.137% on the previous day.
The five-year yields followed suit, dropping to 2.436%, compared to 2.448% in the last session.
The two-year yields also declined, decreasing to 1.962%, from 1.980% the day before.
German ten-year bond yields, considered the safest in Europe, decreased to 2.716%, compared to 2.735% previously.
Yields for two, five, and ten-year terms also fell in Spain, Greece, Ireland, and Italy.
Sovereign debt yields in Portugal, Spain, Greece, Ireland, and Italy at 08:08:
2 years…5 years…10 years
Portugal
21/08…….1.962…2.436…..3.129
20/08…….1.980…2.448…..3.137
Spain
21/08…….2.032…2.493…..3.297
20/08…….2.049…2.505…..3.308
Greece
21/08…….2.063…2.640…..3.375
20/08…….2.077…2.658…..3.390
Ireland
21/08……1.958…2.389…..2.956
20/08……1.971…2.406…..2.970
Italy
21/08…….2.189…2.732…..3.523
20/08…….2.201…2.752…..3.539
Source: Bloomberg. These figures represent the ‘bid’ values, or the yields demanded by investors to purchase debt, compared to the previous session’s close.
