
Biggest market trades that lit up 2017
Page created: Wednesday, 27 December 2017 15:12 GMT
Thematic
Sovereign bonds — Portugal
Portugal has been the big winner in the compression of eurozone spreads, as the bond market reacts to the bloc’s improving economic performance.
The Iberian nation began 2017 with 10-year paper yielding 3.7 per cent; it ends it hovering around 1.84 per cent. The spread over its neighbour Spain has also compressed sharply, and sits at just 36 basis points for 10-year debt — down from 235bp at the start of the year.

In the News
UPDATE 2-Portugal stands out as euro zone bond star once again
Wednesday, 15 November 2017
Portugal Bonds Falter as ECB Running Out of Eligible Debt to Buy
Tuesday, 17 January 2017
UPDATE 2-Portuguese, Greek bond prices jump, safe-haven Bunds slip
Monday, 07 November 2016
Portuguese bond rally leads Europe as 2017 budget approved
Monday, 07 November 2016