Italy yields continue to lose investor appetite too

The Italian coalition news last week, scared investor demand for their debt.

Today, you can add Portugal as a country that is seeing investors flee.

The 10 year yield is up about 11 basis points to 1.977% and in the process, the spread to the 10 year German bund has widened to largest spread since early January.

The yield has moved back above the 100 day MA at 1.832%. The 200 day MA is ahead at 2.052%. The yield has not been above the 200 day MA since April 2017.

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