Mon, 17 Feb 2014 11:12:35 GMT
Italian bonds surge as new Renzi cabinet to be formed
Government bonds of Italy jumped along with Portuguese and Spanish securities, as analysts think that a new Matteo Renzi's government will accelerate the pace of economic reforms. Experts see that Renzi will probably be more active than Enrico Letta was. On these news, 10-year Italian yields fell 0.04% to 3.64%, reaching the lowest level since February 2006.