"But concerns remain, as the bond auction showed", the Italian treasury met its goal but yields rose. "Thus, while it's clear that sovereign credit risk is rising again - perhaps even better illustrated by the performance of Gold in Euro terms, up by +2.28% this week so far - what's less clear is what happens to the split Italian government", Vecchio comments."Based on my own opinion, I believe there's a growing consensus that new elections will have to take place at some point in the next few months".
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