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 a yearly low of 141 points Thursday, with the
yield down 0.02% to 1.78%.
The spread was last this low in late October 2016.
The lower the spread is, the better it is for the Italian
economy and debt-servicing costs.
The spread rose above 200 points earlier this year on EU
populist fears.
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