Martedì, 23 Ottobre 2018

Bond pressure relents after spread hits 541 points


(ANSA) - Rome, July 25 - The pressure on Italy's bonds
relented on Wednesday after the spread between 10-year BTPs and
the German benchmark hit 541 points in early trading.
The spread, a key indicator of investors' faith in Italy's
ability to weather the eurozone crisis, came back down to 527
points with a yield of 6.52%.
It closed at 537 points on Tuesday after fears about the
possibility of Spain needing a bailout pushed up it to the
levels of November, when mounting market and political pressure
forced Italy's ex-premier Silvio Berlusconi to quit and
economist Mario Monti came in to guide the country through
crisis with an emergency technocrat government.

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