Reuters - Video

Edition: US | UK | IN | CN | JP

Video

Perfect storm forming in Italian bond market, Albano says

Wednesday, November 09, 2011 - 03:40

Nov. 9 - The combination of higher funding costs in 2012, increased collateral requirements by LCH and widening bid-ask spreads, looks set to keep upward pressure on Italian bond yields, says Vincenzo Albano.

▲ Hide Transcript

View Transcript

That brought this inside the -- is insidious in Nixon jumps again able 500. Which is assumed to be -- -- to bloated -- for solvent and that. He could reside in the index wanna dignity and rapidly approaching the most crucial junction since the introduction all of the room. So this morning's and that the most pressing but the grower and -- across the board for all that you as a country is not feel London. This of reports of the highest at all but four point 6%. More remarkably large gulps of reported by bedroom with a minus three point 1%. He that he minus one point 8% in Spain minus one point 5%. You know CBS and it'll throw you resumed alt. By one point 3% are that is -- -- commissioning mrs. unwinding the positions or secret they can profit on C yes. -- that he's more than ever sent the stage and holding the balance of the use them. Between harsh budget the majors and the basic peace of unsolicited beneath him with a near you the now available with 7%. He would face over at the end of being gonna use an interest in political out of the much idea of course the funding. Two months ago that the -- made sure whose jet was that the adjustable 4%. This at 3% the goodies in the course of spending the week is out in additionally in this course for eight and now of being human uterus. If the British throne -- would be generated by two days it's huge announcement -- these margin requirements for the people's point I think a lot of them. People they supported the reasoning with dividend by about sixty basis points and they think that from these immunity got. I think about one point 2% in the one month thing or. However didn't buckle up on -- -- the -- to the best musical about the that good to be -- and a few others. Why did that embolden the Mayweather paid a high elevens. -- is possible funding my discouraging this is for or being Italian Paper any thought to be estimates that the 5% think he's. In collateral requirements Michaels up proximity and accept then basis points. In -- sense that this is sports a middle ground you know but readily put raid over one point 2% it's that they percent in cities. The populist -- just school see that it would affect spreads -- -- in the racial and dangers of the Bible with 7%. Some opposite is assumed to be the tipping point or the point of -- time. -- -- by the Greek. I'd be supporting his kids which broken over 7%. In the can yet they know just days before the app applied for a bit upbeat outlook. Seem nearly five on the business sports CBS sprayed these assumed to be the -- ball into what the market to discounts as CU's chance all the deformed. Two other perfect spreads of Nicholas and also by deteriorating not speak to liquidity and I've shown by the bid ask spread which is -- -- to dries Levin is signaling that he missed aside there's everything Italian BDP's. Should -- should win no reported total -- and other factors are waiting on the kind of market. I vehicles of people finding may be an effect that the Bible on the market and organizing it used by about the famous is points. But the good challenging the -- bigger and interest would cause additional funding course or about eight and now from -- good news. And finally -- -- liquidity insidious and the bull market may keep you as a winnable book the 7% not. Opening I think I didn't use an ideal for the use of I mean it's it's a battle in these these protests.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Perfect storm forming in Italian bond market, Albano says

Wednesday, November 09, 2011 - 03:40