Italy’s Bonds Shrug Off ‘No’ Vote in Less Than 24 Hours: ChartBy
It took a little over 24 hours for the impact of Italy’s referendum on the bond market to disappear. The initial drop in the nation’s securities as the vote went against Prime Minister Matteo Renzi proved short-lived, with 10-year yields sliding Tuesday to 1.89 percent, below last week’s closing level.
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