Saturday, November 10, 2012

A look at drop in bond yields across Europe

Financial market turbulence in the 17-country eurozone has eased dramatically since mid-summer. That is most evident in the interest rate, or yield, on countries' bonds. When bond yields fall, it means investors are more confidence in a country's public finances.

Here's a look at the yields on the benchmark 10-year bonds for key countries in the eurozone.

Country10-year bond yield (July 24, 2012)10-year bond yield (Nov.9, 2012)
Spain7.545.81
Italy6.444.92
Greece25.2315.96
Ireland6.194.78
Portugal10.238.66
France2.242.02
Netherlands1.751.62
Belgium2.702.33

Source: FactSet.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-11-09-Europe-Less%20Panic-Bonds/id-a127cb2262fd4d55a53665d13cd010cb

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