Italian Premier Silvio Berlusconi’s decision to leave his position and the resulting uncertainty for the country is wreaking havoc in the markets today. Italy’s 10-year bond yield surged to above 7%, which is considered unsustainable.
Italian Premier Silvio Berlusconi’s decision to leave his position and the resulting uncertainty for the country is wreaking havoc in the markets today. Italy’s 10-year bond yield surged to above 7%, which is considered unsustainable.