Panic, Crises In Italy: Dealers Pull Bids As Bonds, Stocks and Euro Tumble

With UK traders returning from vacation, Italy woke up to a sheer selling panic as yesterday’s “modest” selloff mutated into a full-blown liquidation avalanche, lead by a furious repricing of the BTP curve, where 2Y yields exploded another 170 bps higher on the day rising to 2.60% from negative just a few days ago…

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https://www.zerohedge.com/news/2018-0…

https://www.zerohedge.com/news/2018-0…