Posted inGermany, Italy, Middle East, Turkey, World

Selloff in Italian bonds likely to continue, analysts say

Barclays has scrapped its recommendations for investors to take a long position on the Italy’s five-year bonds versus Germany’s, following a selloff amid a wave of risk aversion. “With the market mood remaining fragile and an unlikely imminent de-escalation in Turkey-US political tensions, a recovery in sentiment and spreads in the very near term seems […]

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