GLBY - Tradeweb Government Bond Update - September 2019

Government bond yields started rising again in September, following several months of record-low levels around much of the globe. Only Greece and Italy bucked the trend, with the mid-yield on their 10-year benchmark notes dropping by 22 and 21 basis points to end the month at 1.27% and 0.81%, respectively. Greek Prime Minister Kyriakos Mitsotakis announced tax changes and structural economic reforms aimed at rebuilding confidence with the country's investors. Meanwhile, his Italian counterpart Giuseppe Conte took over a coalition government amid ongoing discussions with the European Commission on how to balance debt reduction and

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