Spread rises 9 pts to 245 (2)

Yield 2.74%

(ANSA) - Rome, July 2 - The spread between Italian and German 10 year bond yields rose nine points to 245, from Friday's close of 236, on fears of a German government crisis on Monday, with the yield rising to 2.74%.
    The spread is a gauge of investor confidence in Italian debt.
    The lower the spread is, the better it is for the Italian economy and debt-servicing costs.
    The spread rose above 300 points in May amid fears of a possible Euroskeptic government forming in Italy.
    It later fell after the new government stressed it does not want to leave the euro.
   

ALL RIGHTS RESERVED © Copyright ANSA