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Portugal's 10-year govt bond yield hits 4 pct for first time since Feb 2016
January 5, 2017 / 12:33 PM / 9 months ago

Portugal's 10-year govt bond yield hits 4 pct for first time since Feb 2016

LONDON, Jan 5 (Reuters) - Portugal’s benchmark 10-year government bond yield rose above 4 percent for first time since February 2016 on Thursday, rising 10 basis points on the day to 4.03 pct.

In addition, excluding brief a two-day spike last February, the bond was last at 4 percent on a sustained basis in August 2014, according to Tradeweb data.

Reporting by Abhinav Ramnarayan, Editing by Marc Jones

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