Italy Issuing Debt in Dollars – Not Euros

Italy today launched new debt in US dollars instead of euros in hopes of attracting dollar investors as the euro market continues to show signs of stress. They issued USD 2.5bn 5yr, USD 2bn 10yr, and USD 2.5bn 30yr.

We are in the end game now to have euro members begin issuing debt in US dollars. This is going to create further tensions between the Fed and ECB moving forward. The REPO market is still in crisis and the fears in Europe behind the curtain continue. This all puts the Fed and the ECB on a collision course.

Latest Posts

Tariffs to End the War?

Donald Trump has warned Russian President Vladamir Putin to end the war effort in Ukraine or face US sanctions. “If we don’t make a ‘deal,’ and soon, I have no [...]
Read more

Trump Orders JFK Files Released

This is going to be really interesting. The question will be straightforward. Will the CIA actually release the assassination files of JFK, RFK, and Martin Luther King? I knew Trump [...]
Read more