Sabato, 20 Ottobre 2018

Spread passes 300 basis points, then settles below again


Milan, July 18 - The spread between Italy's
10-year bond and its German counterpart that opened on Thursday
at 296.8 jumped briefly over the psychologically important mark
of 300 basis points before settling below once again.
The yield spread between Italian bonds and the
German benchmark, a barometer of Italy's borrowing costs in the
eurozone crisis, hiccupped amid concerns about the tensions over
government meetings and last week's decision by Standard &
Poor's to cut the country's credit rating.

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