Photo: Wikimedia Commons
Markets continue to sell off hard around the world.Italy is one of the worst performers, as the main FTSE MIB index is down 1.7 per cent.
One bit of good news though: This isn’t resulting in a bond market rout of any sort.
The Italian 10-year remains below 5 per cent. It’s nice to see you can get a nice risk off day, without it resulting in fears over the solvency of the nation.