March 7, 2019 / 7:25 AM / 4 months ago

Italian 2-year bond yields hit seven-month low ahead of ECB meeting

LONDON, March 7 (Reuters) - Short-dated Italian bond yields briefly hit their lowest level in seven months ahead of Thursday’s European Central Bank meeting in which policymakers are expected to announce a new round of cheap loans that should benefit Italian lenders.

Italy’s two-year bond yields hit 0.198 pct in early trade on Thursday, before settling at 0.23 percent, still down 4 basis points on the day.

The country’s benchmark 10-year bond yield, meanwhile, dropped to a new five-week low of 2.58 pct, down 3 basis points on the day. (Reporting by Abhinav Ramnarayan Editing by Tommy Wilkes)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below