In Italy: Digestif

In Italy: Digestif

Well, as illiquid markets are prone to do, BTPs are rallying hard on Wednesday as traders desperately try to determine whether Tuesday's panicked, fire sale was a buying opportunity or a harbinger of something even worse. Italian bonds were higher out of the opening gate with some folks citing a more conciliatory stance by Five Star's Di Maio, who apparently will not form an electoral alliance with the recalcitrant League, whose Matteo Salvini said the following today about the prospect of try
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