Government bond yields falling, 10-year BTP at 3.89% - Breaking news. The Italian ten-year bond drops by more than 4 basis points.

The German bunds lose 3 basis points and travel at 2.35%, the French are at2.85% (almost -4 basis points)    Declines also for peripheral countries with Spanish bonos at3.3% (-3 basis points). US Treasuries also fell (-2 basis points to 4.29%).