(ANSA) - Milan, September 9 - Markets were mixed across
Europe on Monday, as the Milan FTSE MIB index advanced and
others like the Paris Cac 40, the Madrid Ibex and the London
Italy's FTSE MIB index rose 1.2% to 17,244 points.
The yield spread between 10-year Italian bonds and the
German benchmark equivalent, a barometer of Italy's borrowing
costs in the eurozone crisis, closed at 256 points with 10-year
yields at 4.5%.
The yield on 10-year Italian bonds and their Spanish
equivalent hit the same levels on Monday for the first time in
17 months, according to Bloomberg data.
For the first time in approximately a year-and-a-half, in
fact, investors demanded the same yield to hold on to securities
of both nations. Both securities posted yields of about 4.5%, a
sign that investor confidence in Spanish bonds is equivalent to
that in Italian ones.
The Frankfurt Dax bourse was little changed at 8,276, while
the Paris Cac 40 Index fell 0.2% to 4,040 points.
Madrid's Ibex index dropped 0.3% to 8,632 points. London's
Ftse-100 stock market fell 0.3% to 6,530 points.