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Bond spread over 300 basis points

Yield rate grows to 4.61%

08 February, 10:04
Bond spread over 300 basis points (ANSA) - Rome, February 8 - Italy's 10-year-bond spread continued to rise on Friday morning compared to its ultra-safe German counterpart, widening to 302.4 basis points.

Analysts say the upwards trend is a strong indicator of rising financial market uncertainty about Italy's political and economic direction.

The steady growth in the spread is also reflected in the jump to a 4.61% yield rate compared to Thursday's 4.58% closing rate.

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