29-05-2018 14:57 via feedproxy.google.com

The pressure on Italy is just getting started

Italian President Sergio Mattarella rejected the euroskeptic economist and former banker Paolo Savona for finance minister, an action that may set up a new election.Italian bond yields are surging amid the political uncertainty.
Citi says yields could go a lot higher from here.
Italian yields surged Tuesday morning amid growing political turmoil in Italy after President Sergio Mattarella rejected the euroskeptic economist and former banker Paolo Savona for finance minister. Now Mattarella must f
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