![Keep an eye on the tightening](/sites/default/files/styles/teaser_image_max715/public/24_2018-06-15_Blog_Teaser.jpg.webp?itok=m0553128)
Keep an eye on the tightening
Following on from our recent comment on the level of Italian BTPs and how this has a potential to impact the transmission mechanism, it is interesting to note the subtle but important changes that have been applied elsewhere across the global economy.