0734 GMT – Swift fluctuations in eurozone government-bond markets these days are probably exacerbated by the fact that liquidity is starting to decline as the end of the year is approaching, say analysts at UniCredit Research. Eurozone bond yields are trading mostly lower, extending Tuesday’s move, but Italian BTP yields move upward, leaving Italian bonds slightly underperforming versus peers. The 10-year German Bund yield is trading 0.5 basis points lower at 2.660%, while the 10-year Italian BTP yield is up 1.5bps at 4.503%, according to Tradeweb. Portugal’s 10-year bond yield is 0.3bps higher at 3.578% after Prime Minister Antonio Costa announced his resignation amid an investigation into alleged corruption by his Socialist administration. ([email protected])
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