Greek contagion keeps Italy, Spain, Portugal bonds on ropes


  • World Premium
  • Wednesday, 17 Jun 2015

LONDON (Reuters) - Southern European sovereign bonds remained under pressure on Wednesday as the wrangling between Greece and its creditors raised the spectre of default and the country's exit from the euro.

The three-day sell-off in riskier assets has renewed a bid for safe-haven German Bunds, which could help demand for a 3 billion-euro 10-year sale in Berlin. Results were poor at auctions over the past two months as strong inflation data led investors to reassessed record low yields.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In World

Lithuania mulls state of emergency on Polish border to stop migrants Premium
Three injured in explosion of old aircraft bomb in Munich - police Premium
French government: all travellers from outside EU will need negative COVID test Premium
EU urges daily travel reviews, booster shots over Omicron Premium
U.N. says about half of Myanmar's people could sink into poverty in 2022 Premium
EU seeks to ease rules for Poland, Baltics in migration standoff with Belarus Premium
Pope's visit to Greece's Lesbos lays bare divisions over migrants Premium
Kremlin says Russia cannot de-escalate due to Ukrainian troop presence nearby Premium
Ethiopian soldiers retake territory in Amhara region - PM's office Premium
What supply chain mess? For Buy Nothing devotees, it’s not a problem Premium

Others Also Read


Vouchers