Weekly Bond Update: Hoping to dodge a setback in Europe
In such a scenario, and with the assumption that we do not see new credit events occur for European countries, there is a good chance that present yield levels will continue at record lows, and that lagging segments and regions of the bondmarket will continue to contract, in order to find a new justified level, compared to benchmark core yields at zero altitude.
In this context we take a look at Portugal in this weekly bond update.
shock to Europe's fragile recovery could hurt equities. Photo: Thinkstock