Italy’s Top Euroskeptic Made Hefty Profit From Salvini’s Bad Bet

Matteo Salvini

Photographer: Alessia Pierdomenico/Bloomberg
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Claudio Borghi, Italy’s most vocal euroskeptic, has found a silver lining in the fall from grace of Matteo Salvini, the head of his far-right League party.

While Salvini’s gamble that the country would go into early elections backfired and the populist leader has been sidelined for the moment, Borghi, who in the past helped push Italian bond yields to multi-year highs with his incendiary statements, made a bumper profit from his boss’s miscalculation.