How Italy’s political crisis is affecting U.S. stocks Metro ServiceThese falls affecting the U.S. markets are bad news for stocks. ■ By Taj Shorter / City Reporter The global markets were recently impacted by Italy’s ongoing and worsening political crisis. Italy is the third largest economy within the eurozone and their government bonds took the biggest hit – causing investors to seek money security elsewhere. Many are wanting to stay out of the Italian nation’s troubled assets during this time. The U.S. Treasurys have in turn taken a major hit with investors moving money around for safekeeping, which is evident in the fact that the U.S. 10-year yield is down to
This content is restricted to site members. If you are an existing user, please log in. New users may register below.