LONDON, July 5 Portuguese bond yields were
indicated lower in pre-trading on Friday as the country's prime
minister sought to reassure investors that the government's
stability would be maintained.
The selloff in Portuguese debt that sent its 10-year yields
above 8 percent this week also eased after the European Central
Bank made an unprecedented commitment to keep interest rates at
record lows, sparking a broad rally in euro zone bonds.
Portuguese 10-year yields were last indicated
61 basis points down at 6.79 percent, with Spanish and Italian
equivalents seen 6 bps lower at 4.59 and 4.36