Mercoledì, 17 Ottobre 2018
ROME

Italian bond spread shoots over 370-point mark

English
© ANSA

(ANSA) - Rome, September 26 - The spread between 10-year
Italian bonds and the German benchmark shot up by 20 points in
early trading on Wednesday to reach 371 basis points with a
yield of 5.22%.
Investors are concerned about the state of the Italian
economy after ratings agency Standard & Poor's said Tuesday that
it saw signs that the recession in Spain and Italy is deepening.
The spread is a key barometer of Italy's borrowing costs
and of market confidence in the country's ability to weather the
eurozone crisis.
It had dropped in recent weeks after the European Central
Bank announced plans to buy the bonds of countries at the centre
of the eurozone crisis that are facing high borrowing costs.

© Riproduzione riservata

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