All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
SSASovereigns

Record low Italian yields as presidential vote starts

italy-large.png

Italy bust borrowing cost records at an auction on Thursday, but investors will be eyeing the progress of the country’s presidential election that started the same day. While a failure by the government to have its selected candidate elected would not trigger a general election — unlike Greece, where just such a development created a major political event in Europe — it would be viewed as a lack of support for prime minister Matteo Renzi, said analysts.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree