Italy’s bond yields have risen higher than that of Greece’s falling ones, indicating investors now start to see Italy as a higher risk investment – Bloomberg
Italy’s bond yields have risen higher than that of Greece’s falling ones, indicating investors now start to see Italy as a higher risk investment – Bloomberg
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The two countries who were at the forefront of the Eurozone crisis, have shared mostly similar paths. But now unlike Greece, Italy is struggling to gain the trust it wants.
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Greece currently borrow at better rate than the UK as well (10 year bonds 3.9 Greece 4.05 UK). Markets reacted very positively after the elections and the stock market is booming https://www.ekathimerini.com/economy/1211652/athex-bourse-index-leaps-up-to-9-year-high/
Italy: *chuckles*
Somebody must have noticed that Italy’s growth rate has rarely broken over 2% in the last 20 years, and we are now leaving the era of ridiculously low interest rates.
Investors are pulling out given the recent floods and the summer forest fires that are fast approaching, nothing new under the sun.
Disappointed, but not surprised
Does a difference over 20 days has any significance?