Italy Is Now Paying Over 7.7% To Borrow For Just 2 Years

Italy just held a an auction of 2-year government notes.

The country is now paying over 7.7% (!) for this privilege.

Italy 2-Year Yield

chart

The yield curve is inverted in Italy, as this is higher than the yield on the 10-year bond, which is a telltale indicator of solvency fears.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

italy moneygame-us