The Italy Wreck Is Getting Worse Today

ferrari crash

Photo: Wikimedia Commons

We mentioned them earlier, but they’ve been getting worse, so we wanted to mention the horrible numbers coming out of the boot today.The main FTSE MIB index is now down 2.5%.

The Italian 2-year yield is blasting to new highs of 4.65%.

The 10-year yield has broken above 6% for the first time.

Shares of UniCredit are off 4%.

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