Positive auction of government bonds in Portugal: thanks to solid demand, the yields demanded by the markets have decreased and this also favored further reductions in the rates on ten-year bonds already in circulation, which yesterday fell below 13% for the first time in a month now
The Lusitanian Treasury has placed government bonds on the market for over 1,9 billion euros, of which 1,61 billion in one-year bonds: rates stood at 3,652%, down from 4,943% registered in a similar auction in mid-February.
All on the eve of a day that promises to be fiery in and around Lisbon: in fact, tomorrow there will be a general strike called by the unions against the measures to restore public finances decided by the government, while Portugal is under the protection of aid from the European Union and the International Monetary Fund. The strike should primarily affect transport, particularly in the capital where there is a risk of serious inconvenience with a blockade of the subway which will start as early as tonight and will continue until dawn on Friday.
