LCH raised margin requirements on BTPs this morning, and so Italian debt yields are zooming higher. We are well through the crucial 7% level and approaching 7.3%
This is very ugly. No-one has a good plan for how this turns out.
LCH raised margin requirements on BTPs this morning, and so Italian debt yields are zooming higher. We are well through the crucial 7% level and approaching 7.3%
This is very ugly. No-one has a good plan for how this turns out.
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