BTPs find relief as Luigi Zingales is considered for finance minister

Author: Justin Low | Category: News

La Stampa reports that Five Star is considering Zingales for the finance minister post


And that's helping BTPs rise on the day with 10-year yields now falling 8 bps to 2.32% from yesterday's close near 2.40%.

Zingales is considered more of a moderate, and the report here is perhaps giving investors reason to cheer on the possibility that Savona - who has repeatedly called for a euro exit - may not be taking up the post.

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