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 up
eight points on 195 points Wednesday, compared to 187 at
Tuesday's close, with the yield up 0.02% to 2.29% from 2.27%
at Tuesday's close.
The lower the spread is, the better it is for the Italian
economy and debt-servicing costs.
The spread rose above 200 points recently on EU populist
fears.
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