Political crisis hits Italian bank bonds as 'jitters' set in

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Political crisis hits Italian bank bonds as 'jitters' set in

Bill Thornhill
January 14, 2021 12:45 PM
Renzi_Italy_PA_575x375_140120
(210113) -- ROME, Jan. 13, 2021 (Xinhua) -- Italian Senator Matteo Renzi speaks during a press conference in Rome, Italy, Jan. 13, 2021. Matteo Renzi, a former prime minister, announced Wednesday that his Italia Viva party is withdrawing its cabinet members from Prime Minister Giuseppe Conte's coalition government. (Pool via Xinhua) | unreguser/Xinhua News Agency/PA Images

The prospect of Italy's government collapsing began to take its toll on bank debt markets on Thursday morning, with some new issues underperforming in light of the crisis.

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