BTPs fall after being reminded of euroskepticism
10-year bond yields are up by 8.8 bps on the day currently after Lega lawmaker, Claudio Borghi, provided a glimpse of what to expect ahead of the European Parliament elections in May.
If you're wondering what's dragging down the euro today, let's just say that headlines like that won't help as it only puts more focus on the risks the single currency is set to face in the coming months.
As for other reasons, the fact that markets are growing more bearish about the ECB and its inflation outlook is also hampering euro sentiment with next week's February PMI prints on Thursday being one of the key events to watch out for.
