Italian Bond Yields Fall, Ruling Coalition Vows to Keep Deficit Under 2%

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Benchmark Italian bond yields fell on Tuesday as the ruling coalition appears to be nearing a compromise regarding the country’s 2019 budget, vowing to keep the deficit under 2% of its gross domestic product. The 10-year yield fell to 2.89 after reaching a two-week high of 2.96 just yesterday. Since the beginning of May, yields [...]

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