Eurozone periphery ‘no longer a safe haven’ as coronavirus locks down Italy

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Eurozone periphery ‘no longer a safe haven’ as coronavirus locks down Italy

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Eurozone Road Sign Meaning Euro Politics 3d Illustration | Stuart Miles/Stuart Miles - stock.adobe.com

The yields on 10 year Italian and Greek government bonds rose by 30bp-40bp on Monday from Friday’s close after Italy placed a quarter of its population under quarantine over the weekend as the Covid-19 virus escalates.

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