On “Bloomberg Surveillance,” Simon French, chief economist at Panmure Gordon, discusses Italian political risk and its impact on bond markets and the euro after Italy’s coalition government went back on the offensive, insisting they’ll follow through on expensive campaign promises, undercutting the finance minister’s attempts to calm investor nerves in the wake of an outlook downgrade by Fitch Ratings.
Related: ClearShares Adds Alternative Bond ETF for Rising Rates
For more trends in fixed income, visit the Fixed Income Channel.