Spanish yields scream lower before Draghi’s words turn up rally’s volume

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Spanish yields scream lower before Draghi’s words turn up rally’s volume

Spanish 10 year yields fell by the largest month on month amount at auction since September 2012 and the sovereign wiped nearly 50bp from its 30 year borrowing costs on Thursday morning. There was further joy for periphery sovereigns later in the day, with yields falling after a European Central Bank meeting — boding well for a planned Greek seven year bond later in the year.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article