Lunedì, 22 Ottobre 2018

Italian spread drops despite Berlusconi sentence


Rome, August 2 - The spread between the 10-year
Italian bond and the German benchmark fell in early trading on
Friday, with investors apparently not worried about any imminent
political consequences from the supreme court's decision to
uphold Silvio Berlusconi's tax-fraud conviction.
The spread, a key indicator of investor confidence, fell to
265 basis points with a yield of 4.33%, down from 269 at
Thursday's closure.
At one point on Friday the spread dropped to 263 points,
its lowest level since early June.

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