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FPXE - A Toxic Cocktail For Italian Bonds
May, 17 2022 03:51 AM
First Trust IPOX Europe Equity Opportunities ETF
ECB tightening and weakening macroeconomic conditions globally are a toxic cocktail for Italian bonds. Debt sustainability is not yet a concern, but we expect wider spreads until the ECB’s fragmentation facility is officially announced. The EUR/CHF reaction to a widening BTP-Bund spread may prove less pronounced than in previous instances. For further details see:
A Toxic Cocktail For Italian Bonds
Stock Information
Company Name:
First Trust IPOX Europe Equity Opportunities ETF
Stock Symbol:
FPXE
Market:
NASDAQ
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