Market Comment | European peripheral risk premiums narrowed during the week

Resumen

Sovereign bond yields declined, especially in the European periphery, reflecting the improving sentiment in Italy (sovereign rating upgraded by S&P to BBBu from BBB-u citing improving economy (see)) and the breathing space that markets gave to Spain amid new developments in Catalonia’s crisis – Spain’s risk premium declined to pre-referendum levels. Moreover, the soft inflation […]

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