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 three
points down on 200 points Tuesday, compared to 203 at Monday's
close, with a yield of 2.25%, down 0.06% from 2.31% on Monday.
The lower the spread is, the better it is for the Italian
economy and debt-servicing costs.
Monday was the first time in weeks the spread had been over
the psychologically important 200-point threshold.
The spread rose above 200 last month on EU populist fears.
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