Italy Grabs Center Stage (Again) As Banks, Bonds Crushed On Euroskeptic Appointments

The geopolitical landscape is a bit like a game of Whac-a-Mole for investors these days - if it's not one thing popping up to weigh on sentiment, it's another. The week began with trade jitters, and no sooner did we get a break in the negative headlines on that front (if only because Trump was too busy dealing with the domestic border issue to worry about Xi) than Italy made its way back to the frontburner. On Thursday, a pair of euroskeptics were appointed to Italian parliamentary positions