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News Link • Economy - International

EURO GOVT-Periphery suffers as supply worries gather pace

• Reuters

Higher-yielding euro zone bonds suffered on Friday as upcoming debt sales from the region's peripheral states unsettled investors, though safe-haven gains for German debt were limited ahead of key U.S. jobs data.

Yield spreads against Bunds widened sharply for peripheral euro zone borrowers following Thursday's announcement of a Portuguese bond sale.  Portugal, Spain and Italy are now all scheduled to hold their first bond auctions of the new year next week.


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Portugal's debt worries worsen as bond yields rise

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