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Spread closes steady on 237

Milan bourse down 1.95% amid worst European losses since August

03 December, 18:37
Spread closes steady on 237 (ANSA) - Rome, December 3 - The spread between Italian 10-year bonds and their AAA-rated German equivalents, the premium investors pay to hold Italian paper, closed steady Tuesday on 237 points with a 4.08% yield. The Milan bourse closed 1.95% down as European markets had their worst day since August amid worries the United States may start easing stimulus policies.

London was 0.95% down, Frankfurt 1.90%, Paris 2.65%, Madrid 1.44% and Athens 0.59% down.