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SSA

Resilient SSA market shrugs off Italian election fiasco

Tuesday’s day of chaos that followed Italy’s inconclusive election provided ample evidence that the crisis in the single currency area is far from over. But with the surge in volatility having settled by the end of the week into a minor yield correction by recent standards, it was clear that headline shocks need no longer translate into crippled capital markets and a freeze in borrowing plans.

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