The bond spread surged by 14
points and the Milan bourse fell 2.7% amid coronavirus fears on
Thursday.
The spread between Italian and German 10-year bond yields
rose to 164 from 150 at Wednesday's close with investors fleeing
risk and betting on safer paper.
The spread is now at its highest level since mid-January.
The yield on the BTP rose 1.0% to 1.08%.
The Milan bourse's key FTSE-Mib index fell 2.7% amid a
general European fall on the coronavirus fears.
London was down 2.55%, Paris 3.2% down and Frankfurt 2.7%
down.
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