Before the Italian President Sergio Mattarella rejected the proposed eurosceptic finance minister Paolo Savona, many market commentators were saying that a yield of 2.5% for 10-year Italian sovereign bonds is a key level for the European Central Bank (ECB).
At that level, it is thought the bank would start to buy more bonds and prevent yields rising further - I said that would not be the case. In recent days Italian bond yields moved over 3%. Although...
'Markets will need to get used to this'
Developments in the ETF sector
Rethinking ways to attract and retain new talent
Keeping up with changing times
Unlisted firms should be given access, manager urges