The spread between Italian and German
10-year bond yields rose to 253 points Wednesday from Tuesday's
close of 240 amid fresh market tension as new Premier Giuseppe
Conte geared for the second of two confidence votes in the Lower
House.
As the Milan bourse posted a 1.3% loss in early trading,
investors were said to be looking at the G7 in Canada at the end
of the week and trade talks after US tariffs on steel and
aluminium.
There is also expectation about a European Central Bank
meeting in mid-month, a key meeting for the phasing out of QE.
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