Global Trade: Fading to Black

Danielle DiMartino Booth

Greetings from Tuscany! Here I sit perched in the homeland of my forefathers marveling at a beauty even I find hard to describe. Perhaps, though, landscape is not my forte. On the other hand….surprise, surprise. I couldn’t resist querying the local merchants and businesspeople. In the spirit of kicking off conversation, I complimented the country’s ability to issue a 50-year sovereign bond for such a low yield – 2.85 percent!