Italian bond yields higher than ever: scientists predict another agricultural revolution
A team of research scientists in Norway has predicted that the increasing yields on Italian bonds mean that the country will be able to feed an extra 75 million people overnight. “Such a dramatic expansion of yields has not been seen since the introduction of three-year crop rotation in the late Middle Ages,” says Jørgen Sørensen. Concerns are growing in Berlin and Paris, however, that the high yields will destabilise the European Union’s Common Agricultural Policy and lead to a crisis of overproduction. Meanwhile, rumours in Italy suggest that the new high yield bonds are not as delicious and there have been calls for a return to organic bond farming, particularly in Sicily.