Italian rates are still blowing out. 10 yrs are > 3 % at 3.03, the 10 yr spread on Bunds is out another 6 % tdy. Who would lend to Italy at less than 10 % for 10 years…not me for sure.
Meanwhile the Donald is threatening to tell everyone at the G7 to rotate, he is apparently leaving early, so he can miss the climate talks.
So it looks like the globalists are throwing a hissy and letting the SM’s crater…which may or may not be very significant…are the globalists the scum, I think they may well be ?????