FXRenew
Short

BTP - Bearish Momentum Back in Play

TVC:IT10   Italy Government Bonds 10 YR
Yesterday we expected the Italian 10yr to break back through recent supports, after Conte's initial proposals on immigration, taxes, welfare seem to imply a decisive clash with Brussels. These measures would be good for the population, but EU will not allow them.
Further downside is expected and 90.00 is the first target.
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