UPDATE 1-Euro zone bond yield rise as Italy, Fed tests loom [Reuters]
IHS Markit Ltd. Common Shares (INFO)
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Source: Reuters
UPDATE 1-Euro zone bond yield rise as Italy, Fed tests loom | Reuters 4 Min Read * Key week for world bond markets * Italy govt must present budget targets this week * Fed to hike rates this week, ECB’s Draghi speaks Monday * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates price action, Italy news, comment, adds chart) By Dhara Ranasinghe LONDON, Sept 24 (Reuters) - Italy led bond yields in the euro area up on Monday, as investors braced for the new government in Rome to present its budget targets in a week that is also likely to see the U.S. Federal Reserve lift rates for a third time this year. Expectations for tighter monetary policy from major central banks has prompted selling in major bond markets this month, with German yields on Monday rising back towards three-month highs hit last week. European Central Bank President Mario Draghi is scheduled to speak at the European Parliament later on Monday. In Italy, Economy Minister Giovanni Tria has to set growth, defic
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