2018 has seen another spring dominated by political manoeuvrings, in particular the return of 'The Italian Question'.
Monetary policy killed the market-based economy
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...
Overseas investors returning
Investors say they will continue to buy high yield bonds despite perceived risk