Italy Stick Saved As S&P Refuses To Downgrade To Junk

Apr 24th 2020 4:22pm EDT

Italy Stick Saved As S&P Refuses To Downgrade To Junk Heading into Friday’s close, everyone – even the ECB, which earlier this week changed its criteria for bonds it can purchase to include potential fallen angels a move that was clearly meant to provide cover for BBB-rated Italy – expected Italy to finally lose its […]

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