Fitch downgrades Portugal as UST5Y sees weak auction

Christian Blaabjerg

Filed in: 3 numbers to watch

25 March 2010 at 7:18 GMT

Non-Independent Investment Research

Fitch downgraded Portugal to AA- from AA yesterday while the US Treasury saw a large tail in its 5-year auction.

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3 numbers to watch

Whether it’s employment figures from the US, corporate earnings announcements, sovereign bond auctions or inflation numbers from the Eurozone, 3 Numbers to Watch will give you a daily overview of the most important market indicators for traders and investors.

Authors John J Hardy, Andrew Robinson, Mads Koefoed, Ole Hansen, Peter Garnry, Steen Jakobsen