MILAN (Reuters) - Italian bonds and banking stocks took the brunt of a market sell-off on Monday after a national election delivered a hung parliament and strong gains for anti-establishment parties.
The prospect of power passing to a eurosceptic coalition, which might boost spending in defiance of EU budget restrictions and row back on the previous government's market-friendly reforms, turned the spotlight on Italy's 2.3 trillion euro public debt pile, one of the world's biggest.
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