US midterms, bonds and Italy's exit tax
Bond investors are sitting out the midterms, while Italy proposes a 26% exit tax on unrealized gains for wealthy emigrants from 2027.
What we know
Bond investors are sitting out the midterms. Italy's proposed 26% exit tax applies to those with €800k+ in assets. A Tudor-linked quant fund eyes a record $9B launch.
Sources
@FT
“Bond investors sit out 'most consequential' US midterm elections”
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