New field day in the trenches of social protests shaking the United Kingdom in the name of a flurry of demands on the adjustment of wages to the cost of living after the years of austerity, of the contractual ceilings on increases, lastly of the repercussions of the pandemic and lockdown. The escalation was marked … Read more
Last November an almost prophetic Paul Krugman he explained that the bankruptcy of Ftx would have triggered a systemic crisis of the platforms for the exchange of cryptocurrencies, much like the dotcom bubble that brought the tech sector to its knees in the late 1990s. And the week that just ended showed how the economist’s … Read more
The yield differential between Italian and German government bonds widens again, with the BTP-Bund spread increasing by 3.3 basis points to 194.7. A German ten-year pays 1.74% while the Italian equivalent pays 3.69%. Today the president of the European Central Bank Christine Lagarde, reiterated the ECB’s commitment to develop a shield against financial fragmentation among … Read more
The spread, the yield differential between an Italian ten-year government bond and the German equivalent, which is now close to 190 points, closes up again. A 10-year BTP pays 2.86% today, or 08% more than yesterday. Especially almost 0.8% more than a month ago and 1.9% more than a year ago. Yields rose today across … Read more