Huge Downgrade of Italian Bond Yield
10/31/2017 10:29 AM UTC
Italian 10-year government bond yield is about to stage the largest monthly decline in over 2 years. Last week, European Central Bank announced it would expand the stimulus program and this news buoyed European bonds. Today, the 10-year Italy’s bond yield lifted 2 bps to 1.86%. In October, though, it has dropped 30 bps.