The yields on Portuguese government debt on Friday reached new all-time lows.
The yields on Portuguese government debt on Friday reached new all-time lows in the case of two- and five-year paper and remained at the record low of Thursday in the case of 10-year bonds.
At 8.25 a.m. in Lisbon, 10-year bond yields stood at 0.006%, a record first seen on 26 November. Earlier this year they had risen to 1.441% on March 18, their highest since March last year.
The yields on five-year debt rates on Friday morning were to minus 0.463%, a new all-time low, from minus 0.462% on Thursday. On March 18 they had stood at 0.916%, their highest level since June 2018.
Two-year yields fell to minus 0.697%, a new all-time low, down from minus 0.692% on Thursday.
The yields on government debt in Spain, Greece and Italy were also down for almost all maturities on Friday – in many cases to record lows – while those in Ireland remained negative but rose at all maturities.