Italian Bond ETNs Surge as Yields Hit Eurozone-Era Low
May 29, 2014 at 14:33 PM EDT
Italy bond exchange traded notes jumped Thursday, with benchmark yields touching a new Eurozone-era low at the government auction, after the unexpected victory of the center-left PD party in the country’s elections. The leveraged PowerShares DB 3x Italian Treasury Bond Futures ETN (NYSEArca:...