Portugal 10 Year Bond Performs Much Better Than Italy and Greece

Italian government bonds are increasingly seen as riskier investments given the anti-establishment Cabinet and its public spending plans — so much so, that Italian bonds are moving closer to being seen to be as risky as Greece’s. The yield on the 10-year Italian government bond is currently at 3.58 percent — the highest level in over five years. The […]

Moody’s Lifts Portugal Out of Junk Territory

Rating agency Moody’s on October 5th, 2018 pushed Portugal’s sovereign credit rating back into investment-grade territory for the first time since 2011, citing a decline in the country’s debt burden.  The agency raised Portugal’s rating one notch to Baa3 from Ba1 and changed its outlook to “stable” to “positive”. Moody’s attributed the move to two […]