Lunedì, 22 Ottobre 2018

Spread continues to narrow, down to 242 points


Rome, August 13 - The spread between Italian
10-year bonds and the benchmark German Bund continued to narrow
Tuesday to 242.2 basis points after reaching a two-year low to
start the week.
The yield, an equally important indicator of investor
confidence in Italy's ability to pay off its debt and emerge
from economic crisis, was down to 4.149% in early trading.
The spread on Monday closed at 245.5 points.
It was more than double that when then-premier Silvio
Berlusconi was forced to step down in November, 2011 as fears of
a Greece-style financial meltdown loomed.

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