Aware that some of his policies have contributed to the Italian recession Well at least he’s admitting it…. Bloomberg reporting from Milan
Spanish 10 year govt bond yield up a mere 2 bps on day at 5.72% Italian 10 year govt bond yield steady at 5.19%
Really?… would never have guessed it ! Apparently wiping out widespread corruption in Italy could boost GDP by up to 4% and stimulate foreign investment. Xinhua News. Maybe what they need is some good old fashioned honest blokes back in power… … Continue reading
You gotta strike while the iron is hot. Italy announced 3-year. 5-year and 13-year debt sales for Sept 13. Borrowing costs plunged in the past week on speculation of ECB bond buying. Yields have crept up today with Italian 10s … Continue reading
Italian 10 year govt bond yield up at 5.21% from the 5.08% I reported earlier. Spain 10 year govt bond yield up at 5.68% from the 5.60% I reported earlier. EUR/USD steady at 1.2784.
Italy 10 year govt bond yield up 3 bps at 5.08%. Spain 10 year govt bond yield down 3 bps at 5.60%.
Christine is looking happy and well. Wonder if she’s bought herself another expensive handbag?
Gotta be music to Spanish and Italian ears, don’t it?
Not everyone carried away by euro’s recent renaissance.
Work on Italian structural reforms not over yet Italy still pays an unjustified price to fund itself Italy seeking to avoid having to require aid