Italy Fears Rattle World’s Investors – WSJ.com<\/a>.<\/p>\nLiquidity is drying up in the Italian bond market, making it near impossible to roll-over maturing debt issues. The Italian bond market is third biggest in the world. If the EMU struggled to reach an accord over Greece, what chance do they have now?<\/p>\n","protected":false},"excerpt":{"rendered":"
Big investors felt comfortable owning big stakes of Italian debt in part because they knew they could sell without much difficulty. That has changed. “It used to be one of the most liquid markets out there, but it isn’t anymore,” said Peter Schaffrik, head of European rates strategy at RBC Capital Markets in London. Not … <\/p>\n
Continue reading “Italy Fears Rattle World’s Investors – WSJ.com”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[470,962,1295,1919,2117],"class_list":["post-1864","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-bond-market","tag-debt-crisis","tag-euro-zone","tag-italy","tag-liquidity"],"yoast_head":"\nItaly Fears Rattle World's Investors - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Italy Fears Rattle World's Investors - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Big investors felt comfortable owning big stakes of Italian debt in part because they knew they could sell without much difficulty. 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And more so than in any other euro zone country, Italian citizens have been active buyers of government debt, with such bond holdings representing 10 percent of household assets. 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Psychologically, 7% has become a\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1868,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/11\/banks-to-dump-more-italian-debt-ticker-ifre\/","url_meta":{"origin":1864,"position":3},"title":"Banks to dump more Italian debt | Ticker | IFRe","author":"ColinTwiggs","date":"November 11, 2011","format":false,"excerpt":"With the ECB providing a bid for Italian bonds that might not otherwise exist, board members at some of Europe\u2019s largest bank say now is the time to accelerate disposals. Many are also reversing long-standing policies of buying into new Italian bond issues, denying Rome an important base of support.\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5403,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/ecb-unveils-bond-buying-program-wsj-com\/","url_meta":{"origin":1864,"position":4},"title":"ECB Unveils Bond-Buying Program – WSJ.com","author":"Colin Twiggs","date":"September 6, 2012","format":false,"excerpt":"By GEOFFREY T. SMITH The ECB will buy in the secondary market only government bonds with remaining maturities between one and three years without announcing any limits in advance, and as long as the government in question is under a program approved by the euro zone. The measures will primarily\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1589,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/26\/euro-zone-talks-hit-roadblocks-wsj-com-2\/","url_meta":{"origin":1864,"position":5},"title":"EU Forges Greek Bond Deal – WSJ.com","author":"ColinTwiggs","date":"October 26, 2011","format":false,"excerpt":"French President Nicolas Sarkozy said after the marathon negotiating session that the leaders had reached agreement with private banks on a \"voluntary\" 50% reduction of Greece's debt in the hands of private investors. He also said they had agreed to expand the firepower of the European Financial Stability Facility, the\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1864"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1864\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}