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 down
three points down on 167 points Thursday, compared to 170 at
Wednesday's close, with the yield down to 1.95%.
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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