Italy’s short end yields rise ahead of first BTP sale of 2014
Italy brought a touch of sobriety to an otherwise giddy week for the eurozone periphery, as its 12 month borrowing costs rose at an auction on Friday. But with its longer dated debt performing strongly in secondaries, the sovereign is unlikely to be perturbed as it gears up for its first bond sale of the year early next week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: