Italian bond yields fall as markets pin hopes on economic recovery – ZAWYA
- Date: 07-Jul-2020
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Italian bond yields fall as markets pin hopes on economic recovery – ZAWYA
Italian bond yields fall as markets pin hopes on economic recovery | ZAWYA MENA Edition HomeMarketsCurrenciesArticleItalian bond yields fall as markets pin hopes on economic recovery Italy led a fall in southern European bond yields on Monday LONDON- Italy led a fall in southern European bond yields on Monday, supported by expectations for hefty central bank stimulus and hopes that the world economy will bounce back quickly from the COVID-19 shock.Global stock markets rallied to four-week highs as investors bet that a revival in Chinese activity would boost global growth, even as surging coronavirus cases delayed business re-openings across the United States.Data showed orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month. Global stock markets rallied to four-week highs as investors bet that a revival in Chinese activity would boost global growth, even as surging coronavirus cases delayed business re-openings across the United States.LONDON- Italy led a fall in southern European bond yields on Monday, supported by expectations for hefty central bank stimulus and hopes that the world economy will bounce back quickly from the COVID-19 shock.Data showed orders for German industrial goods rose by 10.4%