Worries about Greece’s fiscal woes may be spreading outward to other highly-indebted nations on Europe’s periphery.
One sign of trouble: Investors are demanding higher yields to compensate for the increased risk of holding Portuguese, Spanish, Irish and Italian government bonds.
On Wednesday, the “spread,†or difference, between yields on such bonds and safer German debt  a gauge of market fear  has jumped higher. The gap between 10-year Portuguese bonds and German debt has widened to 0.95 percentage point from 0.92 percentage point Tuesday evening, while that between Irish and German bonds stands at 1.57 percentage points from 1.48 percentage points.
Source: WSJ
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.