As the European Central Bank gets ready to embark on a rate-hike campaign — one official now is saying liftoff could come in June — and as Italian bond yields BX:TMBMKIT-10Y are now a full 2 percentage points higher than German bund yields BX:TMBMKDE-10Y, Deutsche Bank strategist Maximilian Uleer decided to compare where the eurozone stood versus a decade ago.
Granted, interest rates are lower. The weighted average coupon has fallen significantly, and the maturity of debt is longer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: