Lunedì, 22 Ottobre 2018

Italian bond spread drops then climbs back above 510 points


(ANSA) - Rome, July 24 - The yield spread between 10-year
Italian bonds and the German benchmark dropped sharply after the
opening of trading on Tuesday only to climb back above the
510-points mark soon after.
The spread, a barometer of Italy's borrowing costs and a
key indicator of market confidence in its ability to weather the
eurozone crisis, fell as low as 502 points before rising back up
to 512.
The spread had closed at 516 points on Monday after
crossing the 520-mark amid fears Spain may need a bailout.
The spread between Spanish 10-year bonds and the German
bund stood at 623 points, compared to 632 at the end of trading
on Monday.

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