Market Comment | Emerging markets return to the forefront as focus moves away from Italy

Summary

  European yields continued yesterday’s upbeat mood triggered by bullish comments of ECB policy makers, despite the release of the final data for eurozone 1Q GDP (see), in line with previous releases and market expectations. In this context, the yield on Bund surpassed the 0.5% threshold during the day, while peripheral risk premia remained steady. Nonetheless […]

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