Domenica, 23 Settembre 2018
ROME

Spread tumbles on Draghi bond-buying plan

English
© ANSA

(ANSA) - Rome, September 7 - The spread between Italian and
German 10-year bonds fell below the psychologically important
350-point mark Friday as markets reacted to European Central
Bank chief Mario Draghi's announcement of an unlimited option to
buy troubled eurozone economies' bonds.
The spread, which had been above 500 points at the height of
the euro crisis, fell to 349.2 points.
The yield, which had flirted with an unsustainable 7% during
thr worst of the crisis, was down to 5.067%.

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