Bond market neatly reflects ambiguous situation of Euro Area. ECB is in the market and supporting Italy -> yields down to record lows. On other hand, crisis is real and Italy is struggling to come up with a recovery package -> spread to Bunds elevated.
bloomberg.com/opinion/articl… https://t.co/WVINQfiHrV
The share of UK government debt held by the @bankofengland is now higher than at any point in its 300-year
The share of UK government debt held by the @bankofengland is now higher than at any point in its 300-year history. But, Haldane, insists, it