Italian yields fall to the lows of the day after Villeroy comments

Strong comments from Villeroy

Strong comments from Villeroy
The comments from Villeroy are reverberating through global bond markets. You can see here how Italian 10-year BTP yields are quickly moving lower and now down 9 bps on the day to 0.667%.
It’s spread globally as well (to some extent) with US 10s now up just 0.5 bps to 1.41%.
Of course, we continue to await the signal from the Fed.