Portuguese yields rise amid Espirito Santo Group concerns

Portuguese bond yields shot higher on Wednesday on local news reports of a proposed debt restructuring by a holding company of the founding family of Banco Espirito Santo (BES), Portugal’s largest listed bank. Ten-year yields spiked nearly 30 basis points to hit a day’s high of 3.96 percent, as o…

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Portuguese yields rise amid Espirito Santo Group concerns

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