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
RT @BullandBaird: If you are still in the camp of "inflation is out of control and only going higher how
RT @BullandBaird: If you are still in the camp of "inflation is out of control and only going higher how can you explain: 1. 5yr