Lunedì, 22 Ottobre 2018

Italian bond spread drops under 300-points mark


Rome, April 11 - The spread between the 10-year
Italian bond and the German benchmark fell below the
psychologically important 300-basis-points mark on Thursday
despite the ongoing political deadlock in Rome.
The spread, a key measure of investor confidence and of
Italy's borrowing costs, shot up to over 340 points immediately
after February's inconclusive election.
But the pressure has eased since even though the political
impasse does not look close to coming to an end.
The spread, which closed at 300 points on Wednesday,
dropped to 299 points with a yield of 4.3% in early trading

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