The spread between Italian and
German 10-year bond yields opened down on 276 points compared to
Monday's trading high of 291.
Analysts said the spread was falling because Deputy Premier
Matteo Salvini said the budget would respect the rules.
The yield was down to 3.11% from 3.21% Monday.
The spread is a gauge of Italy's borrowing costs and investor
confidence in the Italian economy.
The Milan bourse opened with a Europe-leading 1% gain on
Tuesday.
TIM was hit hard by poor results, losing 6%.
ALL RIGHTS RESERVED © Copyright ANSA