The yield on Italy's 10-year BTP
State bond on Wednesday closed below the 2% mark for the first
time since the introduction of the euro, settling at 1.97%.
The spread between the 10-year bond and the benchmark
German bund, a key measure of investor confidence, stood at 123
basis points.
The yield has been falling amid expectations that the
European Central Bank is about to scale up its use of
unconventional measures, including bond acquisitions, to combat
sluggish growth in the eurozone.
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