Tag Archives: Italian bond sprea

The fiscal policies of the new Italian government will determine the trajectory for Italian debt. The high uncertainty means we are bearish on euro area peripheral bonds.At 132% of GDP, Italy has the second-highest public debt load in the euro area after Greece. Italy’s debt ratio has remained broadly stable over the past five years, but the sustainability of public debt remains highly vulnerable to shocks, let alone a recession or financial crisis.In addition, here are still lots of...

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