| China's government isn't likely to ride to the rescue of the debt-hobbled Italian government, analysts said, and buyer interest in an Italian bond auction was decidedly lackluster after news of meetings between Chinese sovereign-wealth officials and Italian leaders had fueled a short-lived rally in world markets Monday.
Sentiment cooled significantly Tuesday, as a €6.5 billion ($8.89 billion) Italian bond auction ended poorly despite yields at euro-era highs..............................................Full Article: Source
|