Italy ETF’s 2009 Low in View After Poor Bond Auction
November 25, 2011 at 08:29 AM EST
Italy’s stock index, the FTSE MIB, was down nearly 2% on Friday while yields on government debt surged following a poor bond auction that highlights the markets’ elevated fear over Europe’s debt crisis. The iShares MSCI Italy (NYSEArca: EWI), an equity exchange traded fund, is down nearly 30% year...
