Mr Claudio Borgi, the extreme right-wing "league" operator, who plays a part of the Italian coalition government on November 15, said Italy will be pulling back from the eurozone if the league wins the majority at the next election. After drawing in March 2016 (Reuters in 2018 / Phil Noble)
LONDON (Reuters) – Mr Claudio Borgi, operator of the "Alliance", a very party party that is part of the Italian coalition government, said Italy will be pulling back from the eurozone if the league is win a majority at the next election.
As a result, 5-tonne IT (YG) bonds rose 2 years in Italy = RR, 1.389%. In the meantime, buying goes into German bonds that are considered safe assets, and DE 10 YT = RR products on German 10-year bonds fall from 5 base points to 0.35%.
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