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
three points on 173 points Wednesday, compared to a four-month
low of 170 at Tuesday's close, with the yield up 0.02% to 2.12%
from 2.10% 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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