The government needs an “economics heavyweight” with budget credibility, said Peter Chatwell, head of rates strategy at Mizuho International Plc. “Italian bonds are not the right long for those with market-to-market issues right now,” said Chatwell. “Instead, being long core bonds, and increasing duration, is the better risk-reward.”...
Diamond News Archives
Italian Assets Slump Again as Ripples Spread Across Europe
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