The spread between Italian and
German 10-year bond yields, a mark of investor confidence in the
Italian economy and of Italy's borrowing costs, fell to 168
points Thursday from 171 at Wednesday's close, with a yield of
2.05%. The spread, which went above 190 points last week, had
been hovering at two-year highs amid fears a Constitutional
reform referendum defeat December 4 may spell Premier Matteo
Renzi's resignation and usher in a period of political and
economic uncertainty.
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