Italian Bonds Are Tumbling

by Tyler Durden
ZeroHedge.com
Thu, 08/30/2018

Whether it is due to contagion from the latest emerging markets selloff, or growing concerns about Italy’s budget demands, another market that has gotten whacked on Thursday is the Italian bond market where BTP futures have reversed earlier post-auction gains, dropping to a day low as risk-off sentiment spreads across markets.

As a result, the Italian curve is bear flattening, with the 2y +14bps to 1.30%…

The Rest…HERE

This entry was posted on Thursday, August 30th, 2018 at 10:36 am and is filed under Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.