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RT @Henry_Curr: The average maturity of Italy's bonds is over 7 years. But the budgetary spillovers of QE mean half the debt would in effect roll onto new interest rates in little more than 2 years.
Why rising rates will squeeze governments faster than you think—my piece
https://www.economist.com/finance-and-economics/2022/07/12/how-higher-interest-rates-will-squeeze-government-budgets
