(Bloomberg) -- Investors in Italian debt are signaling that all's well despite the deadlock in efforts to form a government even two months after national elections. The populist Five Star Movement and far-right League have ended talks, putting paid to prospects of a coalition coming to power imminently. The premium to cover the risk of a default in the nation's sovereign bonds is now at the lowest in almost four years, coinciding with a third monthly rally in benchmark notes.
To contact the reporter on this story: Marco Bertacche in Milan at mbertacche@bloomberg.net.
To contact the editor responsible for this story: Ven Ram at vram1@bloomberg.net.
©2018 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
