Italy still offering positive yields on medium term issuances Spread between German and Italian 10-year bond at 2016 low
ROME, Jan 11 (Reuters) - Italy’s debt is drawing growing interest from Asian investors who are hunting for rare positive returns among negative-yielding euro zone government bonds, Italian debt chief Davide Iacovoni said on Monday.
“We’re clearly witnessing renewed interest for Italy’s debt from foreign investors, especially from Asia, where buyers had been sitting on the fence for a long time, Iacovoni told Reuters in an interview.
Despite record-low interest rates, investors are betting that the European Central Bank’s purchases will continue to support the euro zone’s government bond market this year.