Government And Institutions

Bond market to borrowers: Pay me back in 100 years

Italy has suffered through bouts of inflation and a revolving door of failed governments in the past 50 years, so you would think it would have to offer a super-high interest rate to entice people to lend to it for the next 50.

Bond market to borrowers: Pay me back in 100 years

Italy has suffered through bouts of inflation and a revolving door of failed governments in the past 50 years, so you would think it would have to offer a super-high interest rate to entice people to lend to it for the next 50.