Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr
MILAN, Jan 19 (Reuters) - Italian government bond yields were lower on Tuesday, ahead of a confidence vote in the upper house Senate that could force prime minister Giuseppe Conte to resign.
But expectations that snap elections were unlikely, coupled with ECB stimulus to fight the adverse impact of the novel coronavirus, limited any selloff of Italian government bonds.
Conte won a confidence vote in the Chamber of Deputies on Monday as he clung to power after a junior partner quit the ruling coalition and triggered a political crisis.
He will face a tougher test in the Senate on Tuesday, where the government had only a slim majority even when Italia Viva, which began the crisis, was part of the coalition.
France and Spain saw biggest tightening of purse-strings ECB to reaffirm easy-money policy on Thursday (Adds detail and context)
FRANKFURT, Jan 19 (Reuters) - Euro zone banks expect to tighten access to credit further in the first quarter of this year, the European Central Bank’s quarterly lending survey showed on Tuesday, just as pandemic-related lockdown measures force many firms to rely on emergency cash.
With much of Europe’s economy under some form of restrictions for the past year, bank credit has been vital in keeping companies afloat, and the ECB has focused much of its stimulus effort on keeping ultra-cheap credit flowing to the real economy.
There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
France set to issue to new 50-year bond in coming days Belgium, Spain, other possible candidates for 50-year issuance EMs skewed long-bond issuance towards ultra-longs in 2020 Don’t rule out 100-year Italy bond - analyst
LONDON, Jan 18 (Reuters) - More governments are selling bonds that mature in 30, 50 and even 100 years’ time, capitalising on rock-bottom borrowing costs and a willingness among investors to look past risks for the sake of slightly higher yields.
After Germany’s state of North Rhine Westphalia (NRW) raised 2 billion euros on Jan. 5 via a 100-year issue, France said on Monday it would soon sell a 50-year bond, its first new debt at that maturity since 2016.
There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.