NAB Morning Call

Italian meltdown as early election looms


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Wednesday 30th May 2018
Italian two year bond yields rose 190 basis points overnight. It’s the worst sell off in 26 years, with the distinct possibility that Italians will go back to vote as soon as July. Phil Dobbie talks to NAB’s David de Garis about a tumultuous night of activity, looking at the extent of the volatility and just how far its spread. To add to the unrest, President Trump seems to be pushing to introduce tariffs against China as soon as next month. At least North Korean talks are looking positive.
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NAB Morning CallBy Phil Dobbie

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