Italian Bonds Slide After Fitch’s Out-of-Cycle Downgrade

(Bloomberg) — Italian sovereign bonds fell after Fitch Ratings downgraded the nation’s rating by a notch to BBB-, just one level above junk.Yields on 10-year bonds jumped 10 basis points to 1.82%, erasing much of this week’s decline following a decision by S&P Global Ratings to keep the nation’s credit
— Read on ca.finance.yahoo.com/news/italian-bonds-edge-fitch-cycle-021414054.html