Portugal retraces losses ahead of bill sale
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Portugal retraces losses ahead of bill sale

Portugal’s 10 year spread to Bunds ticked down in secondaries on Monday morning, the second day’s trading in a row where its bonds have tightened — after a sell-off over the first few days of last week. That bodes well for an auction of Portuguese bills on Wednesday, while Spain and Greece are also in action in the coming days.

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