Europe’s risky bonds tempt traders as ECB signals no taper yet ...Qatar

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Europe’s risky bonds tempt traders as ECB signals no taper yet
A battle is raging in Europe’s riskiest government-bond markets between fear that central bank support is waning and desire to snap up some of the region’s most lucrative assets. Nowhere is the tension more evident than in Italy’s sovereign debt, where the longest run of weekly declines for the nation’s 10-year notes since 2018 was followed Friday by the most explosive two-day rally since mid-March. Spurring the moves is a debate over whether the European Central Bank is going to slow its asset purchases next month as the economy bounces back from the steepest recession in decades. For those willing to bet against it, the latest rise in yields was too good to pass up. “Volatility will incre

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