Blockbusters ensure 2012 ends on a high note
Even Silvio Berlusconi couldn’t spoil this party. Rising last weekend to lead Italy’s political undead in one last onslaught, Europe’s orangest leader knocked the corners off the rally in his country’s corporate bonds.
But it went no further than that. Even Spanish govvies barely budged and Italys have made up half their losses. European corporate borrowers paused for a day on Monday, but were back in force on Tuesday, with three bold and chunky deals.
GlaxoSmithKline returned to its home market with
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