New bonds on the block: Prometheus revisited.

The article reports on the launch of Eurex Clearing AG's European Buono del Tesoro Poliennale (BTP) bond futures and CME Group Inc.'s American Sovereign Yield Spread bonds (Sovy) and yield differentials in the bond trading market. It states that BTP futures were launched as a benchmark for non-AAA graded government debt across the Eurozone offering exposure to the yield curve. It mentions CME's Sovy futures which offer exposure to interest-rate spreads and notes the Sovy yield differentials.