Monday , April 12 2021

Italy, if the "alliance" gets a majority in the next euro-area election withdrawal = alliance executives | Reuters



Mr Claudio Borgi, executive of the far right party "alliance" party who played part of the Italian coalition government on November 15 said that Italy would withdraw from the euro area if the alliance won a majority vote in the next election. Shot in March 2016 (Reuters at 2018 / Phil Noble)

LONDON (Reuters) – Mr Claudio Borgi, executive of the far-right "Alliance" party which is part of the Italian coalition government, said Italy would withdraw from the euro area if the alliance obtained a majority in the next election.

As a result, Italy 2 years IT 2 YT bonds = RR yield rose 5 basis points (bp), 1.389%. Meanwhile, purchases go into German bonds which are considered safe assets, and the yield of DE 10 YT = RR on German 10-year bonds drops by 5 basis points to 0.35%.

Our Code of Conduct:Thomson Reuters "principle of trust"

Source link