Venerdì, 21 Settembre 2018

Spread between German, Italian bonds dips below 320 points


Rome, December 17 - The spread between Italy's
benchmark 10-year bond and its German equivalent slipped below
320 basis points with a yield of 4.55% on Monday.
In early afternoon trading, the spread fell to 317 points -
well below the recent high of 360 basis points reached earlier
this month after Premier Mario Monti announced plans to resign
when his 2013 budget law is approved.
The spread between what Italy's government must pay to lure
investors and what the highly respected German administration
offers on its bonds is a strong measure of investor confidence
in the outlook for Italy's economy.

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