The imminent demise of the Monti government and the thought of Silvio Berlusconi returning as PM...
The imminent demise of the Monti government and the thought of Silvio Berlusconi returning as PM sends Italian investors running into the mountains, with the shares plunging 2.2% and 10-year bond yields spiking 24.5 bps to 4.76%. Those of Spain jump 15 bps to 5.61%. The euro is -0.4% vs the dollar.
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