Bond yields backed up sharply today in Europe and the US Treasury market followed. The prime mover in European markets was not bonds — it was Italian bank stocks, which soared after the European Union’s chief bank regulator proposed a lenient policy towards banks’ bad loans. Why should bank stocks send the bond market tumbling? […]
Tag: Italian banks
Posted inEuropean Union, Germany, Italy, World
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Posted inEuropean Union, France, Italy, Northeast Asia, World
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Posted inEuropean Union, Germany, Italy, World
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Posted inEuropean Union, Germany, Italy, World