Bloomberg News

Portuguese 10-Year Bond Yield Jumps to Euro-Era Record 11.02%

June 17, 2011

June 17 (Bloomberg) -- Portuguese 10-year bonds opened lower, pushing the yield 15 basis points higher to 11.02 percent as of 8:34 a.m. in London. That’s the most since the euro’s debut in 1999. The declines pushed the yield difference, or spread, between the securities and benchmark German bunds to a record 810 basis points.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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