Bourse down, spread up after GDP data

FTSE Mib gains reversed after stats agency says Q3 growth flat

(ANSA) - Milan, October 30 - The early gains registered on the Milan stock exchange were reversed on Tuesday after statistics agency ISTAT released data suggesting Italian economic growth was flat in the third quarter.
    The bourse's FTSE Mib index shed 0.9%.
    The spread between Italy's 10-year BTP bond and the German Bund, meanwhile, climbed to 300 basis points after closing on 296 on Monday.
    The yield on the BTP was 3.38%.
   

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