The spread between Italian and
German 10-year bond yields, a gauge of Italy's borrowing costs
and of market confidence in the Italian economy, closed five
points down on 137 points Thursday, with the yield down 0.05%
to 1.66%.
The lower the spread is, the better it is for the Italian
economy and debt-servicing costs.
The spread rose above 200 points earlier this year on EU
populist fears.
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