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Old 14-01-2021, 23:13
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KostiaFM KostiaFM is offline
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Default Re: Daily Economic news by ForexMart

January 14. The yield on Italian government bonds rises due to political chaos in Rome

The yield spread on Italian and German 10-year government bonds reached its highest level in a month amid political turmoil in Rome and slowdown in economic growth in the country 116 basis points.

Italy has faced political chaos after the party of former Italian Prime Minister Matteo Renzi left the government, stripping the ruling coalition of its parliamentary majority.

As a result, the yield on Italian government bonds rose by 4-7 basis points. The underlying 10-year yield rose 6 basis points to 0.617%.
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