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Titoli di Stato area EuroTitoli di stato Portogallo - Tendenze ed operatività
La DBRS si è accorta che i rendimenti sono in crescita.
DBRS Ltd., whose rating is crucial for Portugal’s eligibility for the European Central Bank’s bond-purchase program, said that while the growing popularity of the nation’s minority Socialist government means the country’s political landscape has seen some stabilization, its rising yields and fragile economic recovery are still a concern. The Toronto-based credit company is alone among the four biggest in assigning the nation investment-grade status.
“Overall it’s looking fairly good politically” but “unfortunately, yields on bonds have increased, so their cost of financing has increased” and growth in the first half of this year was only “half of what was expected,” Fergus McCormick, chief economist and co-head of sovereign ratings at DBRS, said in an interview in London. “So you have two negatives and one positive.”