Pantheon Macroeconomics
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24th Aug 2022 13:34Eurozone, Daily Monitor
With one month to go, polls point to a right-wing coalition government in Italy from next month.
The BTP yield has risen more than other government yields; we think it will rise to 4.0% by end-Q3.
We doubt the small rise in EZ consumer confidence in August is the start of a sustained rebound.
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