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Market Pulse: Calma! Italian slide is merely profit-taking

Sunday, December 09, 2012 - 04:32

Dec. 10 - The sharp selloff in Italian assets after PM Monti said he will resign is just a bout of overdue profit-taking. 10-yr yields could go to 5.25%, but don’t panic, says IDEAglobal’s Michael Gallagher.

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Market Pulse: Calma! Italian slide is merely profit-taking

Sunday, December 09, 2012 - 04:32