FORTUNE -- The outcome of two elections this coming weekend could
push Europe back to the edge of economic calamity. Sovereign bond
investors in London and on the continent will be watching voter returns
in Italy and Cyprus intently to see if anti-bailout and anti-austerity
candidates triumph at the polls. If the results lead to radical or
deadlocked governments in either nation, the markets could punish
government bonds throughout the eurozone periphery, reigniting
investors' fears of a potential collapse of the euro.
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