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

Market Talk – May 14, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 55.13 points or -0.14% to 38,128.13 • Shanghai increased 29.08 points or 0.86% to 3,403.95 [...]
Read more

States May Fund Migrants – Grey Area Questioned

President Trump’s Executive Order 14218 (February 2025) prohibits undocumented migrants from receiving federal funds. However, individual states are not prohibited from funding migrants, and several blue states are continuing to [...]
Read more

US April Inflation – 2.3%

The numbers are in, and the Consumer Price Index fell to 2.3% this April annually, down from March’s 2.4% reading, according to the Bureau of Labor Statistics. April’s reading is [...]
Read more