Peripheral bond yields hit new lows as ECB QE nears
LONDON, March 6 (Reuters) - Government bond yields in Portugal, Italy and Spain all fell to new record lows on Friday, a day after the European Central Bank outlined details of its landmark bond-buying scheme.
Portuguese 10-year yields fell 12 basis points to 1.7 percent, while Italian and Spanish equivalents fell 5 bps to 1.28 and 1.19 percent, respectively .
The ECB will start buying government bonds on Monday in a scheme worth over one trillion euros.
(Reporting by John Geddie; Editing by Chris Vellacott)
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