According to most polls, Italy is heading towards a hung parliament on March 4.
The prospect of a hung parliament is already affecting Italy’s sovereign debt profile in the country with the second biggest debt-to-GDP ratio in the Eurozone (130%) after Greece. 10-year bond yields surged over 2% in the last week of December, for the first time since October 2017.
The anti-establishment 5-Star Movement (MS5) made a strategic U-turn on Tuesday, suggesting it would be willing to form an alliance. M...
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