, Columnist
Italy’s Debt Drama Gets Worse, in Four Charts
High volumes, high yields, wide spreads — these are the ingredients for a stormy autumn in Italian markets.
Investors aren’t feeling the amore.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
There’s not a lot of amore among investors these days for Italy.
For a start, the benchmark 10-year bond shows investors are expecting not much good to come out of the government’s September budget process.