Reuters - Video

Edition: US | UK | IN | CN | JP

Finance Videos

Europe Day Ahead: Italy re-tests bond appetite

Monday, May 28, 2012 - 01:36

May 28 - Growing support for Greece's pro-bailout parties offers some cheer to investors. Italian borrowing costs reach a two-year high with more bond sales due this week.

▲ Hide Transcript

View Transcript

Europe's markets take -- from garnering support for the pro bailout partly -- Greece still Spanish bank woes sent the nation's sovereign debt yields. To a record high bureau -- child putting a waste and its lowest since July 2010. I even so it's on track for its last month since the loss September. Looking to choose them -- test the water again with a night it's and a half billion Euro debt sale earlier Italian two year borrowing costs rose to that highest. Since December but at a sale of zero coupon paper. Poll -- of course fueling speculation the ECB may have to mount another long term refinancing operation. If so it would be the third round and for some economists like Sarah she -- stand chart. The ECB would only exercise it as a last result. We think that the ECB remains pat Massey. If this really necessary -- Alan Ball kind enough that he asked him hand but the -- -- on -- -- that happens I think. Would probably going to be Wang and there was at creek exit from your -- and the ECB was having check. Any -- courage to make sure that contagion to Spain to stay contained. The British -- -- improbably stayed in the doldrums and may with shoppers staying away from behind streets. A different picture in the US what consumer confidence -- like to show some improvement in sentiments. -- it's a Reuters Insider seven GMT for a snapshot of all the latest world news market headlines and the social media -- -- -- -- -- --

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Europe Day Ahead: Italy re-tests bond appetite

Monday, May 28, 2012 - 01:36