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Is the Bond Market Punishing Italy for Its Politics?

Tuesday, 17 Jul 2012 | 2:37 AM ET

"I wouldn't do too much comparison between Italy and Spain they are two different countries, totally different economies. Spain is probably half of the Italian economy. The bond market is treating Italy badly because of its bad politics that is the point. Marcello Benedetti, director of Fixed Income at Knight Capital, told CNBC.