The spread between Italy's 10-year-BTP bond and the German Bund opened on 118 basis points on Tuesday, down form 120 on Monday and the lowest level since April 2018.
The spread, a key measure of investor confidence and of Italy's borrowing costs, edged back up to 119 points during early trading, with the yield on the BTP rising from 0.64% to 0.65%.
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