Italian assets pummeled again

Italian assets were pummeled again yesterday on mounting concern over the populist coalition’s fiscal plans, with the moves rippling across European debt markets.

Italian assets pummeled again
Tue, 22 May, 2018 - 01:00

John Ainger

Italian assets were pummeled again yesterday on mounting concern over the populist coalition’s fiscal plans, with the moves rippling across European debt markets. Bond yields climbed to the highest levels in almost three years, while the premium to cover a default in Italy’s debt was the stiffest since October.

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