Portuguese bailout expectations anchor yield curve
Portuguese two year yields are back below ten year levels as government and investors say it will procure sufficient backing to avert a debt restructuring.
Portugal commemorates the one-year anniversary of its bailout with two-year yields back below ten year levels as government officials and investors say the nation
will procure sufficient backing to avert a debt restructuring.
Portuguese Prime Minister Pedro Passos Coelho, who plans to resume bond sales next year, has said a failure to regain market access would trigger additional support from European Union peers.
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