BTp, the race to come back: This is why scorpions are back 10 years ago

In the time machine that bond markets seem to have entered, the clock has turned back by as much as 10 years for BTp, to the times of the debt crisis. In fact, it is necessary to go back far to find similar returns at the Treasury auction, which put government bonds in 3, 7 and 30 years for a total amount of 6 billion euros.

In the process, securities due in August 2025 were allocated in the amount of €2 billion and at a gross interest rate …

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