Although the ECM has restrained Italy’s borrowing costs by purchasing its debt, the country will still try to raise money in the bond market this week. This move will be a strong test as to whether the ECB has the buying power to keep yields stable.
Although the ECM has restrained Italy’s borrowing costs by purchasing its debt, the country will still try to raise money in the bond market this week. This move will be a strong test as to whether the ECB has the buying power to keep yields stable.