LONDON, Jan 11 (Reuters) - The premium investors demand to hold 10-year Portuguese government bonds rather than euro zone benchmark German Bunds rose on Monday.
The move followed a report in the Financial Times newspaper at the weekend which suggested that ratings agency Moody’s may downgrade Portugal unless the sovereign takes credible measures to control its budget deficit. [ID:nLDE6090O4]
Intra-euro zone spreads blew out to record levels in early 2009 at the height of the global credit crisis. (Reporting by George Matlock)
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