-
Italian yields above 7% after lackluster auction
Weak demand for long-term Italian bonds at its final auction of the year Thursday sent the yield of the country's 10-year debt above the troubling 7% level. Overall, the auction sold just over €7 billion, or about $9 billion, of long-term bonds, out of an offering range of between €5 billion to €8.5 billion. Italy will end up paying slightly less for these bonds than at its previous auction a month ago. The auction of 10-year bonds drew a yield of 6.98%, down from 7.56%. But in trading Thursday, the yield on the Italian 10-year edged up to 7.07% from just under 7% the previous day. A yield of 7% or more for ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Dec 29, 2011 9:21am Dec 29, 2011 9:21am
- wynes23
- | Joined Dec 2011 | Status: Member | 39 Comments
- Comment #2
- Quote
- Dec 29, 2011 9:23am Dec 29, 2011 9:23am
- Valerka
- | Joined Dec 2011 | Status: Member | 113 Comments
- Comment #3
- Quote
- Dec 29, 2011 9:47am Dec 29, 2011 9:47am
- wynes23
- | Joined Dec 2011 | Status: Member | 39 Comments
- Comment #4
- Quote
- Dec 29, 2011 9:48am Dec 29, 2011 9:48am
- mima
- | Membership Revoked | Joined May 2008 | 966 Comments
The Market pays you to be disciplined
- Comment #5
- Quote
- Dec 29, 2011 9:53am Dec 29, 2011 9:53am
- Donald S
- | Joined Oct 2011 | Status: Member | 29 Comments
- Comment #6
- Quote
- Dec 29, 2011 9:58am Dec 29, 2011 9:58am
- Lion777
- | Joined Oct 2011 | Status: Member | 101 Comments
- Comment #7
- Quote
- Dec 29, 2011 10:04am Dec 29, 2011 10:04am
- Donald S
- | Joined Oct 2011 | Status: Member | 29 Comments
- Comment #8
- Quote
- Dec 29, 2011 10:23am Dec 29, 2011 10:23am
- Pipo
- | Joined Aug 2006 | Status: Member | 20 Comments
- Comment #9
- Quote
- Dec 29, 2011 11:11am Dec 29, 2011 11:11am
- rigpa
- | Joined Mar 2011 | Status: Member | 622 Comments
- Comment #10
- Quote
- Dec 29, 2011 12:59pm Dec 29, 2011 12:59pm
- Lion777
- | Joined Oct 2011 | Status: Member | 101 Comments